S.2853 - Small Business Payment for Performance Act of 2019116th Congress (2019-2020) |
|Sponsor:||Sen. McSally, Martha [R-AZ] (Introduced 11/13/2019)|
|Committees:||Senate - Small Business and Entrepreneurship|
|Latest Action:||Senate - 11/13/2019 Read twice and referred to the Committee on Small Business and Entrepreneurship. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed Senate
- Passed House
- To President
- Became Law
Summary: S.2853 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in Senate (11/13/2019)
Small Business Payment for Performance Act of 2019
This bill allows a small business performing a construction contract awarded by a federal agency to request an equitable adjustment if the agency's contracting officer directs a change in the contract's performance without the agreement of the small business.
The agency must provide the small business with an interim partial payment to cover additional costs resulting from such a change, and the small business must pay a first tier subcontractor or supplier the portion of the partial payment that is attributable to additional costs incurred due to the change.