Schneider, Marshall Bill to Help Small Businesses Acquire Federal Contracts Passes House
Bipartisan legislation introduced by U.S. Representatives Brad Schneider (D-IL) and Roger Marshall (R-KS) to help small businesses acquire federal contracts passed the House of Representatives this week by a vote of 392-5.
H.R. 6369, the Expanding Contracting Opportunities for Small Businesses Act, makes improvements to the sole source contracting process for small businesses.
“Too many small businesses owned by women, service-disabled veterans, or operating in historically underserved communities pass over the opportunity of federal contracts,” said Schneider. “Our bill updates the sole-source contracting requirements so more small businesses can access federal contracts, while also enacting safeguards to ensure awards only go to eligible firms. I was pleased to see the House take prompt action to support opportunities for small businesses and urge the Senate to follow suit on this bipartisan legislation.”
“Small businesses employ nearly 58 million Americans, that’s 48 percent of our labor force,” said Marshall. “This bill expands sole-source contracts available to service-disabled veteran owned small businesses, women-owned small businesses, and HUBZone-certified small businesses. It also contains important taxpayer protections by establishing a verification process to ensure only eligible businesses participate in these procurements. By making these changes, we’re providing necessary oversight of taxpayer resources, and ensuring that qualified small businesses have opportunities to contract with the federal government.”
The legislation brings the dollar amount of sole-source awards in line with the size of current contracts, and creates an eligibility check by the Small Business Administration for women-owned small businesses and service-disabled veteran owned small businesses.