Bill 118 hr 3830, also known as the "Small Business Contracting Expansion Act," aims to require the Administrator of the Small Business Administration (SBA) to broaden the eligibility criteria for certain contracts. The bill seeks to provide more opportunities for small businesses to compete for and win government contracts.
Specifically, the bill mandates that the SBA Administrator expand eligibility for contracts under the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. These programs are designed to stimulate technological innovation and foster small business participation in federal research and development projects.
Additionally, the bill includes provisions to increase transparency and accountability in the contracting process. It requires the SBA Administrator to report to Congress on the implementation of the expanded eligibility criteria and the impact on small businesses.
Overall, the goal of Bill 118 hr 3830 is to level the playing field for small businesses and ensure that they have equal access to government contracting opportunities. By expanding eligibility criteria and promoting transparency, the bill aims to support the growth and success of small businesses in the federal marketplace.