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Support for Small Businesses in Transportation Projects

This act increases financial support and expands assistance programs for small businesses owned by disadvantaged individuals. This will enable more such firms to effectively compete for contracts and subcontracts in large transportation projects, potentially leading to greater contractor diversity and better use of public funds.
Key points
Increased funding cap for small business support programs in highway projects from $10 million to $25 million annually.
Creation of a new support program for small businesses in public transit projects, with a budget of up to $5 million annually.
Establishment of a support program for small businesses in airport projects, with a budget of up to $5 million annually, funded by the airport trust fund.
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Additional Information
Print number: 117_S_3929
Sponsor: Sen. Padilla, Alex [D-CA]
Process start date: 2022-03-24