Small Contractor Stability Act of 2020

2/8/2022, 11:17 PM

Congressional Summary of HR 6320

Small Contractor Stability Act of 2020

This bill raises the caps on sole-source contracts for specified small businesses, and it temporarily authorizes a federal contracting officer to award sole-source contracts to specified small businesses if the award prices for such contracts will not exceed maximum permissible amounts.

A sole-source contract is a contract that may be issued without a competitive bidding process.

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Current Status of Bill HR 6320

Bill HR 6320 is currently in the status of Bill Introduced since March 23, 2020. Bill HR 6320 was introduced during Congress 116 and was introduced to the House on March 23, 2020.  Bill HR 6320's most recent activity was Referred to the House Committee on Small Business. as of March 23, 2020

Bipartisan Support of Bill HR 6320

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 6320

Primary Policy Focus

Commerce

Potential Impact Areas

Minority and disadvantaged businessesPublic contracts and procurementSmall businessWomen in business

Alternate Title(s) of Bill HR 6320

Small Contractor Stability Act of 2020To amend the Small Business Act to increase caps on sole source contract awards to certain small business concerns, and for other purposes.Small Contractor Stability Act of 2020
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Comments

Sponsors and Cosponsors of HR 6320

Marc A. Veasey
Marc A. Veasey
Texas(Democrat)

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