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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - Senate

Short Titles as Introduced

Assuring Contracting Equity Act of 2017

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to assure equity in contracting between the Federal Government and small business concerns, and for other purposes.

Actions Overview (1)

05/04/2017Introduced in Senate

All Actions (1)

05/04/2017Read twice and referred to the Committee on Small Business and Entrepreneurship.
Action By: Senate

Cosponsors (1)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Wyden, Ron [D-OR]* 05/04/2017

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
Senate Small Business and Entrepreneurship05/04/2017 Referred to

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Latest Summary (1)

There is one summary for S.1061. View summaries

Shown Here:
Introduced in Senate (05/04/2017)

Assuring Contracting Equity Act of 2017

This bill increases from: (1) 23% to 25% the government-wide small business procurement contract goal, (2) 5% to 10% the government-wide procurement goal for small disadvantaged businesses and women-owned businesses, and (3) 3% to 6% the government-wide procurement goal for service-disabled veteran-owned small businesses and HUBZone (Historically Underutilized Business Zone) small businesses. The number of categories is limited for which a small business may qualify under such goals.

The Small Business Administration (SBA) must include in its annual report to the President and Congress on these goals the percentage of participation by small businesses for the total value of all prime contracts and subcontracts awards for a fiscal year, including the value of each contract awarded.

The SBA must consult with the heads of other federal agencies to develop and implement standards for procurement officers to take into consideration the past compliance of potential contractors with small business subcontracting goals when making contract awards.