Summary

Raises the dollar limit for sole-source federal contracts awarded to service-disabled veteran-owned small businesses (SDVOSBs) to $8,000,000 and directs the Federal Acquisition Regulatory Council and the Secretary of Defense to update the FAR and DFARS within 180 days to implement the change. The statutory text attempts to replace another $7,000,000 threshold but contains a typographical error that leaves that revised amount unclear. The regulatory updates must be completed within 180 days and the new thresholds will apply to solicitations issued on or after 180 days after enactment, creating a short implementation window for agencies and Department of Defense procurement rules.

• Raises one SDVOSB sole-source contract threshold to $8,000,000.
• Attempts to replace a $7,000,000 threshold but contains a typographical error that leaves the new amount unclear.
• Directs FAR Council and Secretary of Defense to update FAR and DFARS within 180 days of enactment.
• Updated thresholds apply to solicitations issued on or after 180 days after enactment.
• Targets award rules for service-disabled veteran-owned small businesses, expanding potential sole-source awards.
• Does not change appropriations, create new spending, or modify tax law.
• Could cause short-term implementation and training needs for federal and DoD procurement offices.
• Typo may require corrective legislation or administrative guidance to avoid legal ambiguity.