Support for Small Businesses in Transportation Projects
This act aims to establish a grant program to help small businesses, owned by socially and economically disadvantaged individuals, gain the experience and skills needed to compete for contracts in transportation projects. This will allow more small enterprises to participate in large public investments, potentially contributing to their growth and job creation.
Key points
Grant program for small businesses: Funds will be available for states, cities, and other entities to create programs supporting small businesses in securing transportation contracts.
Support for disadvantaged businesses: The program focuses on enterprises run by individuals considered socially and economically disadvantaged, providing them with equal opportunities.
Increased participation of small businesses in transportation projects: The goal is to enable these firms to effectively compete for contracts within projects funded by the Department of Transportation.
Reporting requirement: Grant recipients will be required to report on their activities and effectiveness, with reports made publicly available.
Expired
Additional Information
Print number: 117_HR_6923
Sponsor: Rep. Gomez, Jimmy [D-CA-34]
Process start date: 2022-03-03