SPUR Act

Bill 119 HR 818, also known as the "Small Business Scorecard Improvement Act," aims to amend the Small Business Act to include specific requirements for new small business entrants in the scorecard program. The scorecard program is a tool used to evaluate and assess the performance of small businesses in various areas such as contracting, subcontracting, and workforce development.

The proposed amendments in this bill would ensure that new small business entrants are given fair and equal opportunities to participate in the scorecard program. This includes providing guidance and support to help these businesses navigate the program effectively and maximize their chances of success.

Additionally, the bill seeks to enhance transparency and accountability within the scorecard program by requiring regular reporting and updates on the progress and outcomes of new small business entrants. This will help ensure that the program is functioning effectively and meeting its intended goals. Overall, the Small Business Scorecard Improvement Act aims to strengthen and improve the scorecard program for small businesses, ultimately helping to promote growth and success within the small business community.