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S 2481 113th Congress Senate Commerce Congressional oversight Government information and archives Minority and disadvantaged businesses Public contracts and procurement Small business Women in business

Women's Small Business Procurement Parity Act

Introduced: June 17, 2014 Introduced by: Shaheen, Jeanne Democratic · New Hampshire See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 17, 2014
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jun 17, 2014
Introduced in Senate
 Plain-English summary Congressional Research Service

Women's Small Business Procurement Parity Act - Amends the Small Business Act to revise procurement program requirements for women-owned small businesses.

Authorizes a contracting officer to award a sole source contract under this Act to small businesses owned and controlled by women if each of the businesses is at least 51% owned by one or more women who are economically disadvantaged (and such ownership is determined without regard to any community property law), and if:

  • the small business is in an industry in which it is underrepresented, as determined by the Administrator of the Small Business Administration (SBA);
  • the contracting officer determines that it is a responsible contractor;
  • the anticipated award price of the contract, including options, is not more than: (1) $6.5 million, in the case of a contract opportunity assigned a North American Industry Classification System code for manufacturing; or (2) $4 million, in the case of any other contract opportunity; and
  • the contract award can be made at a fair and reasonable price.

Authorizes a contracting officer to award a sole source contract to a small business owned and controlled by women meeting the same criteria in an industry in which such businesses are substantially underrepresented if the small business also meets specified certification requirements.

What's happening now June 17, 2014

Read twice and referred to the Committee on Small Business and Entrepreneurship.

 Committees of jurisdiction 1