A bill to allow the termination and modification of certain fixed-price procurement contracts between the United States and small business concerns because of increases in the price of rare and precious metals.
Small Business Emergency Act of 1980 - Allows a small business concern to apply for termination or modification of certain fixed-price procurement contracts with an executive agency because of anticipated losses due to the increase in the price of rare and precious metals (gold, silver, platinum, chromium, copper, and mercury).
Authorizes the head of the executive agency concerned to terminate, modify, or extend the delivery date of such contracts.
Introduced in House
Introduced in House
Referred to House Committee on Small Business.
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