ISOO’s Joint Notice 2024-01 provides guidance on entity eligibility determinations/facility security clearances for joint ventures (JVs) in the National Industrial Security Program (NISP).
The need for clarification arose in light of the Small Business Administration (SBA) rule (Oct. 16, 2020), which addresses JVs under the SBA’s programs, and a subsequent Government Accountability Office (GAO) decision (Aug. 27, 2021) that interpreted the SBA rule without addressing NISP requirements and 32 CFR 2004 or how the two interconnect, thus adding to the confusion. ISOO has received requests for clarification from several agencies. This notice provides agencies with guidance clarifying how the SBA regulations interact with NISP requirements.
The link is located at https://www.archives.gov/files/isoo/notices/isoo-joint-notice-2024-01-nisp-sba-re-jvs.pdf