Name: |
Business Opportunity Development Reform Act of 1988. Public Law 100-656 (H.R. 1807). |
Country: |
United States of America |
Subject(s): |
Equality of opportunity and treatment; Economic and social policy |
Type of legislation: |
Law, Act |
Adopted on: |
1988-11-15 |
Entry into force: |
|
Published on: |
U.S. Code Congressional and Administrative News, 1989-01, No. 10, p. 102 STAT. 3853
|
ISN: |
USA-1988-L-8062 |
Link: |
https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=8062&p_lang=en |
Bibliography: |
U.S. Code Congressional and Administrative News, 1989-01, No. 10, p. 102 STAT. 3853
|
Abstract/Citation: |
This law, amending the Small Business Act, revises the federal programme for minority business with access to the federal procurement system. The new law establishes a mandate that minority firms develop business outside this programme in order to continue receiving benefits under this programme. A firm may receive assistance under this programme for no more than nine years. There are increased penalties for front companies, i.e. companies in which a nondisadvantaged person is the real person of interest. |