Bill > HR789

This bill aims to improve transparency and support for small businesses in federal contracting by requiring the Small Business Administration (SBA) to establish new rules within 180 days of enactment. These rules mandate that when a federal agency cancels a solicitation (a formal invitation to submit bids for a contract) where two or more small businesses were eligible to bid, the agency must publicly disclose the reasons for cancellation, potential plans to reissue the solicitation, and any intentions to include the original solicitation requirements in another contract. Additionally, if the solicitation will not be reissued, the bill requires the agency's Director of Small and Disadvantaged Business Utilization to help the small businesses that prepared bids to identify similar contracting opportunities. The bill amends the Small Business Act to formalize this assistance requirement and explicitly states that no additional funding is needed to implement these changes. By providing more information and support to small businesses when solicitations are cancelled, the bill seeks to reduce uncertainties and help small businesses more effectively navigate federal procurement processes.

Business and Industry

https://www.congress.gov/bill/119th-congress/house-bill/789/all-info