Bill

Bill > S2481


US S2481

US S2481
A bill to amend the Small Business Act to provide authority for sole source contracts for certain small business concerns owned and controlled by women, and for other purposes.


summary

Introduced
06/17/2014
In Committee
06/17/2014
Crossed Over
Passed
Dead
01/03/2015

Introduced Session

113th Congress

Bill Summary

A bill to amend the Small Business Act to provide authority for sole source contracts for certain small business concerns owned and controlled by women, and for other purposes.

AI Summary

This bill, titled the "Women's Small Business Procurement Parity Act," amends the Small Business Act to allow contracting officers to award sole source contracts, meaning contracts awarded to a single bidder without competition, to certain small businesses owned and controlled by women. Specifically, it permits sole source contracts for women-owned small businesses in industries where they are underrepresented or substantially underrepresented, provided the business is deemed responsible, the contract price does not exceed $6.5 million for manufacturing contracts or $4 million for other contracts, and the price is fair and reasonable. The bill also updates reporting requirements to include data on these sole source contracts and accelerates a deadline for a report on underrepresented industries.

Committee Categories

Business and Industry

Sponsors (13)

Last Action

Read twice and referred to the Committee on Small Business and Entrepreneurship. (on 06/17/2014)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...