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Streamlining Government Contract Transfers for Small Businesses

This act simplifies rules for small businesses taking over government contracts, especially those in support programs. This makes it easier for small businesses to continue contracts even if ownership or the performing entity changes. This can help maintain jobs and stability within the small business sector.
Key points
Simplifies the process for small businesses to take over government contracts.
Applies when a contract or business changes ownership or performing entity.
Requires Administrator approval to ensure the new business is eligible for the contract.
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Additional Information
Print number: 117_HR_5861
Sponsor: Rep. Evans, Dwight [D-PA-3]
Process start date: 2021-11-04