Streamlining Small Business Contracts Act of 2026
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
This bill, the Streamlining Small Business Contracts Act of 2026, changes the dollar thresholds for sole-source contracts awarded by the Small Business Administration (SBA). Specifically, it increases the maximum dollar value of sole-source contracts that the SBA can award to small businesses. This adjustment aims to make it easier for small businesses to secure contracts, particularly for larger projects.
Key provisions
- Increases the sole-source contract threshold to $10,000,000.
- Modifies the sole-source contract threshold in section 8(a)(1)(D)(i)(II) of the Small Business Act.
- Adjusts the sole-source contract threshold in section 8(m)(7)(B) of the Small Business Act.
- Modifies the sole-source contract threshold in section 8(m)(8)(B) of the Small Business Act.
- Increases the sole-source contract threshold in section 31(c)(2)(A)(ii) of the Small Business Act.
- Adjusts the sole-source contract threshold in section 36(c)(2) of the Small Business Act.
Who is affected
- Small businesses
- The Small Business Administration (SBA)
- Federal government agencies
- Contractors
- Suppliers
Notable changes
- Raises the maximum dollar value for sole-source contracts.
- Updates specific sections of the Small Business Act related to sole-source contracting.
Bill text
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Sponsors
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7 on record
Primary sponsor
Cosponsors
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