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US HR1390

US HR1390
Small Business Joint Venturing Act of 2015


summary

Introduced
03/17/2015
In Committee
03/17/2015
Crossed Over
Passed
Dead
01/03/2017

Introduced Session

114th Congress

Bill Summary

Small Business Joint Venturing Act of 2015 This bill amends the Small Business Act to revise requirements with respect to solicitation of offers for bundled contracts issued by the head of a federal agency that allows a small business to submit an offer (bid) that provides for the use of a particular team of subcontractors for the performance of the contract. The small business is also permitted to bid on a bundled or consolidated contract that provides for the use of a joint venture of small businesses.

AI Summary

This bill, the Small Business Joint Venturing Act of 2015, amends the Small Business Act to make it easier for small businesses to work together on government contracts. Specifically, it allows a small business to submit a bid for a "bundled" or "consolidated" contract (meaning a larger contract that combines smaller ones) by proposing to use a team of subcontractors or a joint venture of multiple small businesses. When evaluating these bids, government agencies must consider the capabilities and past performance of the individual subcontractors or joint venture members, even if the joint venture itself doesn't have extensive experience, ensuring that smaller businesses have a better chance to compete for these larger contracts. The bill also clarifies that participating in such teams or joint ventures will not affect a small business's status as a small business for other purposes.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Referred to the House Committee on Small Business. (on 03/17/2015)

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