To amend the Small Business Act to increase caps on sole source contract awards to certain small business concerns, and for other purposes.
Small Contractor Stability Act of 2020
This bill raises the caps on sole-source contracts for specified small businesses, and it temporarily authorizes a federal contracting officer to award sole-source contracts to specified small businesses if the award prices for such contracts will not exceed maximum permissible amounts.
A sole-source contract is a contract that may be issued without a competitive bidding process.
Referred to the House Committee on Small Business.
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Introduced in House
Introduced in House
Referred to the House Committee on Small Business.
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