HR 8014
Transparency and Predictability in Small Business Opportunities Act
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Bill overview
This bill, the Transparency and Predictability in Small Business Opportunities Act, requires the Small Business Administration (SBA) to create rules about how federal agencies handle cancelled contracts that small businesses were eligible for. Specifically, agencies must explain why a solicitation was cancelled, whether they plan to reissue it, and if not, provide a way for small businesses that bid to be referred to the SBA for assistance in finding similar opportunities. The goal is to increase transparency and predictability for small businesses seeking federal contracts.
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