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HR 1640 115th Congress House Commerce Public contracts and procurement Small business

To amend the Small Business Act to ensure uniformity in procurement terminology, and for other purposes.

Introduced: March 20, 2017 Introduced by: Velázquez, Nydia M. Democratic · New York See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 20, 2017
Referred to the House Committee on Small Business.
Mar 20, 2017
Introduced in House
 Plain-English summary Congressional Research Service

This bill amends the Small Business Act to require each government contract for the purchase of goods and services that has an anticipated value greater than the micro-purchase threshold but not greater than the simplified acquisition threshold (currently, greater than $2,500 but not greater than $100,000) to be reserved exclusively for small business concerns unless the contracting officer is unable to obtain offers from 2 or more small business concerns that are competitive with market prices and are competitive with regard to the quality and delivery of the goods or services being purchased.

What's happening now March 20, 2017

Referred to the House Committee on Small Business.

 Committees of jurisdiction 1