Expanding Contracting Opportunities for Small Businesses Act of 2018

Bill 115 hr 6369, also known as the Expanding Contracting Opportunities for Small Businesses Act of 2018, aims to increase opportunities for small businesses to secure government contracts. The bill focuses on several key provisions to achieve this goal.

First, the bill requires federal agencies to establish goals for contracting with small businesses, including those owned by women, minorities, veterans, and individuals with disabilities. These goals are intended to ensure that a certain percentage of government contracts are awarded to small businesses, helping to level the playing field and promote diversity in federal contracting.

Second, the bill includes measures to streamline the contracting process for small businesses, making it easier for them to compete for and secure government contracts. This includes simplifying the application process, providing technical assistance to small businesses, and ensuring that contracting opportunities are advertised in a clear and accessible manner. Additionally, the bill includes provisions to increase transparency and accountability in the contracting process, requiring federal agencies to report on their progress in meeting small business contracting goals and taking steps to address any disparities or challenges that small businesses may face in securing government contracts. Overall, the Expanding Contracting Opportunities for Small Businesses Act of 2018 aims to support and empower small businesses by increasing their access to government contracts and promoting a more inclusive and competitive contracting environment.