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To amend the Small Business Act to eliminate certain requirements relating to the award of construction subcontracts within the county or State of performance.
12/15/2023, 3:57 PM
Summary of Bill HR 2970
Bill 118 hr 2970, also known as the "Small Business Contracting Improvements Act of 2021," aims to make changes to the Small Business Act in order to remove certain restrictions on the awarding of construction subcontracts within a specific county or state.
The bill seeks to eliminate the requirement that construction subcontracts must be awarded to small businesses located within the county or state where the construction project is taking place. This change is intended to increase competition and allow for a more diverse pool of small businesses to bid on and win construction subcontracts.
By removing these restrictions, the bill aims to promote fair competition and ensure that the best qualified small businesses are able to participate in and benefit from federal construction projects. This change is seen as a way to streamline the subcontracting process and make it more efficient for both small businesses and the federal government. Overall, the Small Business Contracting Improvements Act of 2021 seeks to create a more level playing field for small businesses in the construction industry and promote economic growth and job creation.
The bill seeks to eliminate the requirement that construction subcontracts must be awarded to small businesses located within the county or state where the construction project is taking place. This change is intended to increase competition and allow for a more diverse pool of small businesses to bid on and win construction subcontracts.
By removing these restrictions, the bill aims to promote fair competition and ensure that the best qualified small businesses are able to participate in and benefit from federal construction projects. This change is seen as a way to streamline the subcontracting process and make it more efficient for both small businesses and the federal government. Overall, the Small Business Contracting Improvements Act of 2021 seeks to create a more level playing field for small businesses in the construction industry and promote economic growth and job creation.
Congressional Summary of HR 2970
This bill eliminates a requirement that, to the maximum extent practicable, certain construction subcontracts awarded by the Small Business Administration must be awarded within the county or state where the work is to be performed.
Read the Full Bill
Current Status of Bill HR 2970
Bill HR 2970 is currently in the status of Bill Introduced since April 27, 2023. Bill HR 2970 was introduced during Congress 118 and was introduced to the House on April 27, 2023. Bill HR 2970's most recent activity was Referred to the House Committee on Small Business. as of April 27, 2023
Bipartisan Support of Bill HR 2970
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
4Democrat Cosponsors
4Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2970
Primary Policy Focus
CommerceAlternate Title(s) of Bill HR 2970
To amend the Small Business Act to eliminate certain requirements relating to the award of construction subcontracts within the county or State of performance.
To amend the Small Business Act to eliminate certain requirements relating to the award of construction subcontracts within the county or State of performance.
Comments
Sponsors and Cosponsors of HR 2970
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