Improving Contract Procurement for Small Businesses through More Accurate Reporting Act of 2016

1/11/2023, 1:32 PM

Improving Contract Procurement for Small Businesses through More Accurate Reporting Act of 2016

This bill amends the Small Business Act to require the Small Business Administration to report to the President and Congress an analysis of the number and dollar amount of prime contracts awarded by federal agencies each fiscal year to small business concerns, including those:

  • owned and controlled by service-disabled veterans;
  • located in qualified HUBZones;
  • owned and controlled by socially and economically disadvantaged individuals;
  • owned by an Indian tribe, an Alaska Native Corporation, or a Native Hawaiian Organization; or
  • owned and controlled by women.

The analyses shall cover all such small business concerns:

  • that were purchased by another entity after the initial contract was awarded and as a result would no longer be deemed to be small business concerns for purposes of the initial contract, and
  • that were awarded using a procurement method that restricted competition to the kinds of small business concerns listed here or a subset of any of them.
Congress
114
Number
HR - 4330
Introduced on
2016-01-06
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

1/6/2016
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Improving Contract Procurement for Small Businesses through More Accurate Reporting Act of 2016

This bill amends the Small Business Act to require the Small Business Administration to report to the President and Congress an analysis of the number and dollar amount of prime contracts awarded by federal agencies each fiscal year to small business concerns, including those:

  • owned and controlled by service-disabled veterans;
  • located in qualified HUBZones;
  • owned and controlled by socially and economically disadvantaged individuals;
  • owned by an Indian tribe, an Alaska Native Corporation, or a Native Hawaiian Organization; or
  • owned and controlled by women.

The analyses shall cover all such small business concerns:

  • that were purchased by another entity after the initial contract was awarded and as a result would no longer be deemed to be small business concerns for purposes of the initial contract, and
  • that were awarded using a procurement method that restricted competition to the kinds of small business concerns listed here or a subset of any of them.
Alternative Names
Official Title as IntroducedTo amend the Small Business Act to add reporting requirements for certain small business concerns, and for other purposes.
Policy Areas
Commerce
Potential Impact
Alaska Natives and Hawaiians•
Congressional oversight•
Economic development•
Government studies and investigations•
Minority and disadvantaged businesses•
Public contracts and procurement•
Small business•
Veterans' education, employment, rehabilitation•
Women in business

Comments

Related

Member:  Carlos Curbelo

Recent Activity

Latest Summary4/25/2016

Improving Contract Procurement for Small Businesses through More Accurate Reporting Act of 2016

This bill amends the Small Business Act to require the Small Business Administration to report to the President and Congress an analysis...

Latest Action1/6/2016
Referred to the House Committee on Small Business.