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Simplifying Subcontracting Act
5/25/2024, 7:08 AM
Summary of Bill S 3772
Bill 118 s 3772, also known as the Simplifying Subcontracting Act, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to streamline the process of subcontracting for federal government contracts.
The bill aims to simplify the subcontracting process by reducing the administrative burden on small businesses that subcontract with larger prime contractors. It seeks to achieve this by standardizing subcontracting reporting requirements and making it easier for small businesses to comply with these requirements.
Additionally, the bill includes provisions to improve transparency and accountability in the subcontracting process. It requires prime contractors to report on their subcontracting activities, including the amount of work subcontracted to small businesses and the payments made to subcontractors. Overall, the Simplifying Subcontracting Act is designed to make it easier for small businesses to participate in federal government contracting opportunities by reducing red tape and improving transparency in the subcontracting process. It is aimed at promoting fair competition and ensuring that small businesses have a level playing field when competing for government contracts.
The bill aims to simplify the subcontracting process by reducing the administrative burden on small businesses that subcontract with larger prime contractors. It seeks to achieve this by standardizing subcontracting reporting requirements and making it easier for small businesses to comply with these requirements.
Additionally, the bill includes provisions to improve transparency and accountability in the subcontracting process. It requires prime contractors to report on their subcontracting activities, including the amount of work subcontracted to small businesses and the payments made to subcontractors. Overall, the Simplifying Subcontracting Act is designed to make it easier for small businesses to participate in federal government contracting opportunities by reducing red tape and improving transparency in the subcontracting process. It is aimed at promoting fair competition and ensuring that small businesses have a level playing field when competing for government contracts.
Read the Full Bill
Current Status of Bill S 3772
Bill S 3772 is currently in the status of Bill Introduced since February 8, 2024. Bill S 3772 was introduced during Congress 118 and was introduced to the Senate on February 8, 2024. Bill S 3772's most recent activity was Placed on Senate Legislative Calendar under General Orders. Calendar No. 406. as of May 23, 2024
Bipartisan Support of Bill S 3772
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
12Democrat Cosponsors
2Republican Cosponsors
10Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3772
Primary Policy Focus
CommerceAlternate Title(s) of Bill S 3772
Simplifying Subcontracting Act
Simplifying Subcontracting Act
Simplifying Subcontracting Act
A bill to amend the Small Business Act to require that plain writing statements regarding the solicitation of subcontractors be included in certain subcontracting plans, and for other purposes.
A bill to amend the Small Business Act to require that plain writing statements regarding the solicitation of subcontractors be included in certain subcontracting plans, and for other purposes.
Comments
Sponsors and Cosponsors of S 3772
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