S 5344
Success act
Success Act
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The Success Act establishes a pilot program to help certain large construction and engineering companies maintain eligibility for small business contracts during a transition period. This allows these companies, which have grown beyond small business size standards, to continue participating in government contracting opportunities while gradually increasing competition in the broader federal market. The program aims to support a smoother transition for these businesses and encourage greater competition for federal contracts. It includes requirements for reporting and activity targets to ensure a gradual shift towards non-small business status.
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