0
0
0
A bill 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, 4:07 PM
Summary of Bill S 1407
Bill 118 s 1407, also known as the Small Business Contracting Improvements Act, 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. Currently, the Small Business Act requires that construction subcontracts be awarded to small businesses located within the county or state where the construction project is taking place.
This bill seeks to eliminate this requirement in order to promote fair competition and allow for the best possible subcontractors to be chosen based on their qualifications and capabilities, rather than their location. By removing this restriction, the hope is that small businesses will have more opportunities to compete for and win construction subcontracts, leading to increased economic growth and job creation.
Overall, the Small Business Contracting Improvements Act aims to streamline the subcontracting process and create a more level playing field for small businesses in the construction industry. It will be interesting to see how this bill progresses through Congress and what impact it may have on small businesses and the construction sector as a whole.
This bill seeks to eliminate this requirement in order to promote fair competition and allow for the best possible subcontractors to be chosen based on their qualifications and capabilities, rather than their location. By removing this restriction, the hope is that small businesses will have more opportunities to compete for and win construction subcontracts, leading to increased economic growth and job creation.
Overall, the Small Business Contracting Improvements Act aims to streamline the subcontracting process and create a more level playing field for small businesses in the construction industry. It will be interesting to see how this bill progresses through Congress and what impact it may have on small businesses and the construction sector as a whole.
Congressional Summary of S 1407
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 S 1407
Bill S 1407 is currently in the status of Bill Introduced since May 2, 2023. Bill S 1407 was introduced during Congress 118 and was introduced to the Senate on May 2, 2023. Bill S 1407's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of May 2, 2023
Bipartisan Support of Bill S 1407
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
4Democrat Cosponsors
2Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1407
Primary Policy Focus
CommerceAlternate Title(s) of Bill S 1407
A bill to amend the Small Business Act to eliminate certain requirements relating to the award of construction subcontracts within the county or State of performance.
A bill 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 S 1407
Latest Bills
TRAPS Act
Bill HR 4936September 18, 2026
Apples to Apples Comparison Act of 2025
Bill HR 4093September 18, 2026
American Lending Fairness Act of 2026
Bill HR 7866September 18, 2026
Civil Investigative Demand Reform Act of 2025
Bill HR 1653September 18, 2026
American Reserve Modernization Act of 2026
Bill HR 8957September 18, 2026
Preventive Health Savings Act
Bill HR 4464September 18, 2026
PEARL Act
Bill HR 9327September 18, 2026
Medically Tailored Home-Delivered Meals Program Pilot Act
Bill HR 5439September 18, 2026
To designate the facility of the United States Postal Service located at 117 West Lovett Street in Charlotte, Michigan, as the "Francis C. Flaherty Post Office Building".
Bill HR 9570September 18, 2026
To designate the facility of the United States Postal Service located at 1019 Avenue H in Fort Madison, Iowa, as the "Martin L. Graber Post Office".
Bill HR 4707September 18, 2026
To amend the Small Business Act to eliminate certain requirements relating to the award of construction subcontracts within the county or State of performance.
Bill HR 2970December 15, 2023


