summary
Introduced
01/10/2018
01/10/2018
In Committee
01/10/2018
01/10/2018
Crossed Over
05/09/2018
05/09/2018
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
Change Order Transparency for Federal Contractors Act This bill amends the Small Business Act to require an agency, with respect to solicitations for the award of a construction contract anticipated to be awarded to a small business, to provide a notice to the prospective bidders and offerors along with the solicitation about the agency's: (1) policies or practices relating to the timely definitization of requests for an equitable adjustment, and (2) past performance in definitizing such requests.
AI Summary
This bill amends the Small Business Act to require federal agencies to provide prospective small business contractors bidding on construction contracts with information about the agency's policies and past performance regarding the timely definitization (finalization) of requests for equitable adjustments (changes to the contract terms). This information is intended to help contractors make more informed business decisions when pricing their bids or proposals. The bill requires the agency to provide details on how quickly they have resolved past requests for equitable adjustments, which is an important factor for contractors to consider when taking on a construction project with the potential for change orders.
Committee Categories
Business and Industry
Sponsors (6)
Don Bacon (R)*,
Mike Coffman (R),
Josh Gottheimer (D),
Stephen Knight (R),
Al Lawson (D),
Stephanie Murphy (D),
Last Action
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. (on 05/09/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
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