Bill 119 hr 865, also known as the "Service-Disabled Veteran-Owned Small Business Concerns Training Act," aims to amend the Small Business Act to require training on increasing contract awards to small business concerns owned and controlled by service-disabled veterans. The bill also includes provisions for other purposes related to supporting and promoting small businesses owned by service-disabled veterans.
The main focus of the bill is to provide training to federal agencies and contracting officers on how to increase contract awards to small businesses owned and controlled by service-disabled veterans. This training is intended to help these businesses compete more effectively for government contracts and increase their opportunities for growth and success.
In addition to the training requirements, the bill also includes provisions for reporting and monitoring the progress of federal agencies in awarding contracts to service-disabled veteran-owned small businesses. This will help ensure that these businesses are given fair and equal opportunities to compete for government contracts.
Overall, Bill 119 hr 865 is aimed at supporting and promoting small businesses owned by service-disabled veterans by providing them with the tools and resources they need to succeed in the federal contracting marketplace. By increasing contract awards to these businesses, the bill seeks to help them grow and thrive, ultimately benefiting both the businesses themselves and the broader economy.