Sponsors (6)
This bill updates the federal “scorecards” that grade how well agencies award contracts to small businesses. The scorecards must now show how many small businesses won a prime contract for the first time, broken out by industry code and compared to the previous year. It also highlights first-time awards to businesses owned by service‑disabled veterans, located in HUBZones, owned by socially and economically disadvantaged individuals, and owned by women.
The bill defines a “new small business entrant” as a small business that has won a federal prime contract and has never won one before. It also clarifies what a “scorecard” is, as a rating that scores agencies on meeting small‑business contracting goals. The bill does not authorize any new funding.
Last progress February 25, 2025 (10 months ago)
Introduced on January 28, 2025 by Peter Stauber
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.