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Introduced on April 9, 2025 by Nydia M. Velázquez
This bill would write into law a simple rule for federal buying: if the government expects at least two qualified small businesses to bid, and the price is fair, then the contract must be set aside for small businesses. This applies to contracts and orders above the government’s simplified purchase limit, which is a standard dollar cutoff used in federal buying.
In plain terms, more federal contracts would be reserved for small businesses when there’s real competition and a reasonable price. It takes a long-standing practice and makes it a clear legal requirement.