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HR 2594 115th Congress House Commerce Building construction Public contracts and procurement Small business

Small Business Payment for Performance Act of 2017

Introduced: May 23, 2017 Introduced by: Fitzpatrick, Brian K. Republican · Pennsylvania See on congress.gov
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 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 15, 2017
Ordered to be Reported (Amended).
Jun 15, 2017
Committee Consideration and Mark-up Session Held.
May 23, 2017
Referred to the House Committee on Small Business.
May 23, 2017
Introduced in House
 Plain-English summary Congressional Research Service

Small Business Payment for Performance Act of 2017

This bill amends the Small Business Act to allow a small business performing a construction contract awarded by a federal agency to submit a request for an equitable adjustment to the agency's contracting officer if such officer directs a change in the terms of the contract performance without the agreement of the small business.

The agency must provide to the small business an interim partial payment of at least 50% of the estimated amount required to cover additional costs resulting from such change. Such small business shall pay to a first tier subcontractor or supplier the portion of such payment that is attributable to the increased costs of performance incurred by such subcontractor or supplier due to such change.

What's happening now June 15, 2017

Ordered to be Reported (Amended).

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2