HR 5450
To amend the Small Business Act to modify the application of price evaluation preference for qualified HUBZone small business concerns to certain contracts, and for other purposes.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill changes how price evaluations are handled for HUBZone small businesses when the government contracts with them. Specifically, it extends the application of certain price evaluation preferences to contracts awarded through unrestricted multiple award contracts or the unrestricted portion of contracts that include small business set-asides. The Small Business Administration will need to update its regulations within 90 days to reflect these changes. This aims to improve opportunities for HUBZone businesses to compete for federal contracts.
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