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HR 4121 112th Congress House Commerce Public contracts and procurement Small business

Early Stage Small Business Contracting Act of 2012

Introduced: March 1, 2012 See on congress.gov
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 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 21, 2012
Placed on the Union Calendar, Calendar No. 530.
Dec 21, 2012
Reported (Amended) by the Committee on Small Business. H. Rept. 112-727.
Mar 7, 2012
Ordered to be Reported by Voice Vote.
Mar 7, 2012
Committee Consideration and Mark-up Session Held.
Mar 1, 2012
Referred to the House Committee on Small Business.
Mar 1, 2012
Introduced in House
 Plain-English summary Congressional Research Service

Early Stage Small Business Contracting Act of 2012 - Amends the Small Business Act to direct the Administrator of the Small Business Administration (SBA) to establish and carry out a program to provide increased access to federal contract opportunities for early stage small businesses (no more than 15 employees and average annual receipts of no more than $1 million). Requires the Administrator to identify appropriate federal procurement contracts for award under the program.

Allows a contracting officer to award: (1) a sole source contract under the program if an entity is determined to be a responsible contractor and the officer does not reasonably expect that two or more early stage businesses will submit offers, and (2) contracts on the basis of competition restricted to early stage businesses if the officer reasonably expects that at least two early stage businesses will submit offers and that the award can be made at a fair market price.

Requires all program contract awards to be counted toward goals for small business participation in federal procurement contracts.

What's happening now December 21, 2012

Placed on the Union Calendar, Calendar No. 530.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 4