H.R. 789 · Passed House · Commerce
Transparency and Predictability in Small Business Opportunities Act
Sponsor: George Latimer (D-NY)
What it does
- Requires the SBA to issue rules for disclosing information about cancelled federal contract solicitations for which small businesses were eligible.
- Requires an agency to justify the cancellation and disclose any plans and time frames to reissue the solicitation.
- Requires disclosure of any plans to fold the solicitation's requirements into another agency contract or task order.
- Requires procedures to refer small businesses that bid on a solicitation the agency will not reissue to the Office of Small and Disadvantaged Business Utilization for help finding similar opportunities.
Official summary
Transparency and Predictability in Small Business Opportunities Act This bill requires the Small Business Administration (SBA) to issue rules for disclosing information about federal contract solicitations for which small businesses were eligible and that were issued and cancelled. Under the rules for such a solicitation, an agency must provide (1) a justification for the cancellation, (2) information about any plans to reissue the solicitation and any associated time frames, and (3) information about any plans to include the requirements of the solicitation in another contract or task order of the agency. Additionally, for such solicitations that an agency does not intend to reissue, the SBA must provide procedures for the agency to refer a small business that prepared a bid for such covered solicitation to the Office of Small and Disadvantaged Business Utilization for assistance in identifying similar contracting opportunities.
Latest action
Jun 4, 2025: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Committee: Senate Small Business and Entrepreneurship