H.R.4093 - Greater Opportunities for Small Business Act of 2014113th Congress (2013-2014)
|Sponsor:||Rep. Graves, Sam [R-MO-6] (Introduced 02/26/2014)|
|Committees:||House - Small Business|
|Committee Reports:||H. Rept. 113-409|
|Latest Action:||04/09/2014 Placed on the Union Calendar, Calendar No. 301. (All Actions)|
This bill has the status Introduced
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Summary: H.R.4093 — 113th Congress (2013-2014)All Bill Information (Except Text)
Reported to House without amendment (04/09/2014)
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Greater Opportunities for Small Business Act of 2014 - Amends the Small Business Act to require subcontracting plans for certain contracts with federal agencies exceeding a specified amount to include a minimum percentage goal of at least 40% for the utilization of small businesses as subcontractors.
Increases from 23% to 25% the minimum government-wide percentage goal for participation by small businesses in the total value of all procurement contracts awarded as prime contracts for each fiscal year.
Repeals a requirement under which first tier subcontracts (contracts in which a subcontractor has a subcontract directly with the prime contractor) awarded to small businesses by management and operating contractors sponsored by the Department of Energy (DOE) are considered toward the annually established agency and government-wide goals for procurement contracts awarded.
Delays the effective date of the 40% goal until the Small Business Administration (SBA) has promulgated any regulations necessary, and the Federal Acquisition Regulation has been revised, to implement specified provisions of the National Defense Authorization Act for Fiscal Year 2014 concerning the standards for determining whether a prime contractor has attained small business subcontracting percentage goals.