Sec. 863. PROTESTS AND APPEALS RELATING TO ELIGIBILITY OF BUSINESS CONCERNS
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## SEC. 863 PROTESTS AND APPEALS RELATING TO ELIGIBILITY OF BUSINESS CONCERNS Section 5(i) of the Small Business Act (15 U.S.C. 634(i)) is amended— ####
(1)by redesignating paragraph
(4)as paragraph (5); and ####
(2)by inserting after paragraph
(3)the following new paragraph: > > #### “(4) Determinations regarding status of concerns > > > ##### “(A) In general > > Not later than 2 days after the date on which a final determination that a business concern does not meet the requirements of the status such concern claims to hold is made, such concern or the Administrator, as applicable, shall update the status of such concern in the System for Award Management (or any successor system). > > > ##### “(B) Administrator updates > > If such concern fails to update the status of such concern as described in subparagraph (A), not later than 2 days after such failure the Administrator shall make such update. > > > ##### “(C) Notification > > A concern required to make an update described under subparagraph
(A)shall notify a contracting officer for each contract with respect to which such concern has an offer or bid pending of the determination made under subparagraph (A), if the concern finds, in good faith, that such determination affects the eligibility of the concern to perform such a contract.” > .
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Sec. 863
PROTESTS AND APPEALS RELATING TO ELIGIBILITY OF BUSINESS CONCERNS
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