Vol. 1 · No. 766Tuesday, May 27, 2025

Small business rule changes: 7 entries flagged for owners.

Owner-readable summary of Federal Register, SBA, DOL, OFAC, and compliance updates published on Tuesday, May 27, 2025. Scanned 7 source documents matching small-business terms; 7 warranted a closer look.

Office of Management and Budget· Notice

Submission for OMB Review; Travel Costs

SUMMARY: Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division has submitted to OMB a request to review and approve an extension of a previously approved information collection requirement regarding travel costs.

Owner check — Save the source link and verify whether this changes costs, compliance, financing, vendors, customers, or operations.

Office of Management and Budget· Notice

Submission for OMB Review; Government Property

SUMMARY: Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division has submitted to OMB a request to review and approve an extension of a previously approved information collection requirement regarding Government property.

Owner check — Save the source link and verify whether this changes costs, compliance, financing, vendors, customers, or operations.

Office of Management and Budget· Notice

Submission for OMB Review; Certain Federal Acquisition Regulation Part 32 Requirements

SUMMARY: Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division has submitted to OMB a request to review and approve an extension of a previously approved information collection requirement regarding certain Federal Acquisition Regulation part 32 requirements.

Owner check — Save the source link and verify whether this changes costs, compliance, financing, vendors, customers, or operations.

Office of Management and Budget· Notice

Submission for OMB Review; Value Engineering Requirements

SUMMARY: Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division has submitted to OMB a request to review and approve an extension of a previously approved information collection requirement regarding value engineering requirements.

Owner check — Save the source link and verify whether this changes costs, compliance, financing, vendors, customers, or operations.

Office of Management and Budget· Notice

Submission for OMB Review; Service Contracting

SUMMARY: Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division has submitted to OMB a request to review and approve an extension of a previously approved information collection requirement regarding service contracting.

Owner check — Save the source link and verify whether this changes costs, compliance, financing, vendors, customers, or operations.

Small Business Administration· Notice

Administrative Declaration of a Disaster for the State of Oklahoma

SUMMARY: This is a notice of an Administrative declaration of a disaster for the State of Oklahoma dated May 20, 2025. Incident: Wildfires.

Owner check — SBA action: confirm whether financing, disaster assistance, eligibility, or SBIC exposure changes for your business.

Department of the Treasury· Notice

Notice of OFAC Sanctions Actions

SUMMARY: The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of persons whose property and interests in property have been unblocked and who have been removed from the list of Specially Designated Nationals and Blocked Persons (SDN List).

Owner check — Sanctions/trade action: re-screen vendors, customers, owners, and foreign counterparties before transactions.