S 3971
Small Business Contracting Transparency Act of 2024
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Bill overview
The Small Business Contracting Transparency Act of 2024 requires the Small Business Administration (SBA) to regularly report on the status of small businesses owned by women, qualified HUBZone businesses, and service-disabled veteran-owned businesses. These reports will detail application numbers, certification rates, contract awards, and any issues encountered during certification or contract management, including decertifications and examinations. The goal is to increase transparency and accountability in the federal government's efforts to support these specific small business categories.
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