H.R.1324 - Small Business Contract Equity Act of 2001107th Congress (2001-2002)
|Sponsor:||Rep. Velazquez, Nydia M. [D-NY-12] (Introduced 03/29/2001)|
|Committees:||House - Small Business; Government Reform|
|Latest Action:||04/17/2001 Referred to the Subcommittee on Technology and Procurement Policy. (All Actions)|
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Summary: H.R.1324 — 107th Congress (2001-2002)All Bill Information (Except Text)
Small Business Contract Equity Act of 2001 - Sets forth procedures for the bundling of procurement contracts that the Administrator of the Small Business Administration determines would result in the displacement of small business concerns. Permits waivers for unusual or unexpected exigencies.
Introduced in House (03/29/2001)
Amends the Small Business Act to prohibit agencies that fail to attain small business procurement participation goals from awarding or soliciting offers for bundled contracts. Requires such agencies to meet such goals relating to small businesses generally, those owned and controlled by socially and economically disadvantaged individuals, and those owned and controlled by women.