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HR 5022 97th Congress House Commerce Business and commerce Government Operations and Politics Government service contracts Public Contracts, Procurement, and Property Small business

Small Business Contract Payment Procedures Act

Introduced: November 18, 1981 See on congress.gov
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This bill died when the 97th Congress ended
It never became law before the 97th Congress (1981–1982) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 20, 1981
Referred to Subcommittee on Government Activities and Transportation.
Nov 20, 1981
Executive Comment Requested from GSA, OMB, SBA.
Nov 18, 1981
Referred to House Committee on Government Operations.
Nov 18, 1981
Introduced in House
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 Plain-English summary Congressional Research Service

Small Business Contract Payment Procedures Act - Amends the Federal Property and Administrative Services Act of 1949 to require that whenever an executive agency makes progress payments under a contract for property or services, the contracting officer authorize payment in full without retention of any percentage of the contract price if: (1) satisfactory progess toward complete performance of the contract was made during any period for which a progress payment is required; and (2) the party performing the contract is a small business which has furnished an adequate performance bond.

What's happening now November 20, 1981

Referred to Subcommittee on Government Activities and Transportation.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Wyden, Ron
Oregon · Mar 2, 1982
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5022: Small Business Contract Payment Procedures Act. 97th Congress. Open America. https://openamerica.io/bill/97-HR-5022/
MLA
"H.R. 5022: Small Business Contract Payment Procedures Act." 97th Congress, 2026, Open America, https://openamerica.io/bill/97-HR-5022/.
Bluebook (legal)
H.R. 5022, 97th Cong. (2026), https://openamerica.io/bill/97-HR-5022/.
Markdown link
[H.R. 5022: Small Business Contract Payment Procedures Act](https://openamerica.io/bill/97-HR-5022/)
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