H.R. 1640
Referred to CommitteeTo amend the Small Business Act to ensure uniformity in procurement terminology, and for other purposes.
Latest Action
Referred to the House Committee on Small Business.
3/20/2017 • House
Summary
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.
Introduced in House • 3/20/2017
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Bill Journey
Originated in the House
Introduced
March 20, 2017
Referred to the House Committee on Small Business.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law