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Ownership and Control and Contractual Assistance Requirements for the 8(a) Business Development Program; Correction

---
identifier: "/us/fr/2023-09590"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Ownership and Control and Contractual Assistance Requirements for the 8(a) Business Development Program; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "2023-09590"
section_name: "Ownership and Control and Contractual Assistance Requirements for the 8(a) Business Development Program; Correction"
positive_law: false
currency: "2023-05-05"
last_updated: "2023-05-05"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Small Business Administration"
document_number: "2023-09590"
document_type: "rule"
publication_date: "2023-05-05"
agencies:
  - "Small Business Administration"
cfr_references:
  - "13 CFR Part 121"
  - "13 CFR Part 124"
  - "13 CFR Part 125"
  - "13 CFR Part 126"
  - "13 CFR Part 127"
rin: "3245-AH70"
fr_citation: "88 FR 28985"
fr_volume: 88
effective_date: "2023-05-30"
fr_action: "Final rule; correction."
---

#  [Corrected]

**AGENCY:**

U.S. Small Business Administration.

**ACTION:**

Final rule; correction.

**SUMMARY:**

The U.S. Small Business Administration (SBA or Agency) is correcting a final rule in the *Federal Register* on April 27, 2023. The rule made several changes to the ownership and control requirements for the 8(a) Business Development (BD) program, several changes relating to 8(a) contracts, and several revisions to incorporate changes to SBA's other government contracting programs. This correction fixes a citation error contained in the April 27th final rule.

**DATES:**

Effective May 30, 2023.

**FOR FURTHER INFORMATION CONTACT:**

Mark Hagedorn, U.S. Small Business Administration, Office of General Counsel, 409 Third Street SW, Washington, DC 20416; (202) 205-7625; *[email protected].*

**SUPPLEMENTARY INFORMATION:**

In FR Doc. 2023-07855 appearing on page 26164 in the *Federal Register* on Thursday, April 27, 2023 (88 FR 26164), the following correction is made:

§ 124.509

**13 CFR Part 124**

1. On page 26208, in the second column, in § 124.509, paragraph (c)(1) is corrected to read as follows:

“(c) * * *

(1) As part of its annual review after being admitted to the 8(a) BD program, a Participant must provide to SBA within 30 days from the end of its program year:

(i) Annual financial statements with a breakdown of 8(a) and non-8(a) revenue in accord with § 124.602; and

(ii) An estimate of 8(a) and non-8(a) revenue derived during the program year, which may be obtained from monthly, quarterly or semi-annual interim financial statements or otherwise.”

Larry Stubblefield,

Acting Associate Administrator, for Government Contracting and Business Development.