Bill 119 s 991, also known as the Small Business Act Amendment, aims to make changes to the Small Business Act in order to remove certain restrictions regarding the awarding of construction subcontracts within the county or state where the work is being performed. The bill seeks to eliminate the current requirement that construction subcontracts must be awarded to small businesses located within the same county or state where the construction work is taking place. This restriction has been seen as limiting opportunities for small businesses to compete for and win subcontracting work on construction projects. By removing this requirement, the bill aims to increase competition and allow small businesses from outside the immediate area to bid on and win construction subcontracts. This could potentially lead to more opportunities for small businesses to grow and thrive in the construction industry. Overall, the Small Business Act Amendment is intended to promote a more competitive and open market for construction subcontracting, ultimately benefiting small businesses and the construction industry as a whole.
Bill 119 s 991, also known as the Small Business Act Amendment, aims to make changes to the Small Business Act in order to remove certain restrictions regarding the awarding of construction subcontracts within the county or s...