HR 2726
118th Congress
House
Commerce
Small Business Payment for Performance Act of 2023
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 19, 2023
Referred to the House Committee on Small Business.
Apr 19, 2023
Introduced in House
Plain-English summary
Small Business Payment for Performance Act of 2023
This bill allows a small business that is awarded a construction contract by a federal agency to request an equitable adjustment if the agency's contracting officer directs a change in the contract's performance without the agreement of the small business.
The agency must provide the small business with an interim partial payment to cover additional costs resulting from such a change, and the small business must pay a first tier subcontractor or supplier the portion of the partial payment that is attributable to additional costs incurred due to the change.
What's happening now
Referred to the House Committee on Small Business.
Committees of jurisdiction
1