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Transparency and Predictability in Small Business Opportunities Act

7/9/2024, 6:56 PM

Congressional Summary of HR 8014

Transparency and Predictability in Small Business Opportunities Act

This bill requires the Small Business Administration (SBA) to issue rules for disclosing information about federal contract solicitations for which small businesses were eligible and that were issued and cancelled.

Under the rules for such a solicitation, an agency must provide (1) a justification for the cancellation, (2) information about any plans to reissue the solicitation and any associated timeframes, and (3) information about any plans to include the requirements of the solicitation in another contract or task order of the agency.

Additionally, for such solicitations that an agency does not intend to reissue, the SBA must provide procedures for the agency to refer a small business that prepared a bid for such covered solicitation to the Office of Small and Disadvantaged Business Utilization for assistance in identifying similar contracting opportunities.

Read the Full Bill

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Current Status of Bill HR 8014

Bill HR 8014 is currently in the status of Bill Introduced since April 16, 2024. Bill HR 8014 was introduced during Congress 118 and was introduced to the House on April 16, 2024.  Bill HR 8014's most recent activity was Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. as of June 12, 2024

Bipartisan Support of Bill HR 8014

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

Policy Area and Potential Impact of Bill HR 8014

Primary Policy Focus

Commerce

Potential Impact Areas

- Government information and archives
- Public contracts and procurement
- Rule of law and government transparency
- Small business

Alternate Title(s) of Bill HR 8014

Transparency and Predictability in Small Business Opportunities Act
Transparency and Predictability in Small Business Opportunities Act
Transparency and Predictability in Small Business Opportunities Act
Transparency and Predictability in Small Business Opportunities Act
Transparency and Predictability in Small Business Opportunities Act
To require the Administrator of the Small Business Administration to issue rules for cancelled covered solicitations, to amend the Small Business Act to provide assistance to small business concerns relating to certain cancelled solicitations, and for other purposes.

Comments

Sponsors and Cosponsors of HR 8014

Kweisi Mfume
Kweisi Mfume
MarylandDemocrat
Mark Alford
Mark Alford
MissouriRepublican

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