US HR7320

Bill

To amend the Small Business Act to require equitable adjustments to certain construction contracts, and for other purposes.

Introduced
06/24/2020

In Committee
06/24/2020

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To amend the Small Business Act to require equitable adjustments to certain construction contracts, and for other purposes. This bill allows a small business performing a construction contract awarded by a federal agency to request an equitable adjustment if the agency's contracting officer directs a change in the work that is within the general scope of the contract without the agreement of the small business. The agency must provide the small business with an interim partial payment to cover additional costs resulting from such a change, and the small business must pay a first tier subcontractor or supplier the portion of the partial payment that is attributable to additional costs incurred due to the change.

AI Summary

This bill amends the Small Business Act to require federal agencies to provide equitable adjustments to small businesses performing construction contracts. Specifically, if a contracting officer directs a change in the work within the general scope of the contract without the agreement of the small business, the small business can request an equitable adjustment. The agency must then provide the small business with an interim partial payment of at least 50% of the additional costs resulting from the change. The small business must then pass on that partial payment to its first-tier subcontractors or suppliers who incurred increased costs due to the change.

Committee Categories

Business and Industry

Sponsors (2)

Pete Stauber (R)*, Jared Golden (D),

Last Action

Referred to the House Committee on Small Business. (on 06/24/2020)

Official Document

https://www.congress.gov/bill/116th-congress/house-bill/7320/all-info

(4 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.congress.gov/bill/116th-congress/house-bill/7320/all-info
BillText	https://www.congress.gov/116/bills/hr7320/BILLS-116hr7320ih.pdf
Bill	https://www.congress.gov/116/bills/hr7320/BILLS-116hr7320ih.pdf.pdf

Bill	Bill Name	Last Action	Type
HR2344	Small Business Payment for Performance Act of 2019	Referred to the House Committee on Small Business.	Related
HR6395	William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021	Message on Senate action sent to the House.	Related
HRes1271	Providing for consideration of the Senate amendment to the bill (H.B. 133) to promote economic partnership and cooperation between the United States and Mexico; providing for disposition of the Senate amendment to the bill (H.B. 1520) to amend the Public Health Service Act to provide for the publication of a list of licensed biological products, and for other purposes; and for other purposes.	Motion to reconsider laid on the table Agreed to without objection.	Related
S2853	Small Business Payment for Performance Act of 2019	Read twice and referred to the Committee on Small Business and Entrepreneurship.	Related

Bill > HR7320

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (2)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary