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Easier Federal Contracts for Small Businesses

This act aims to make it easier for small businesses, especially those from socially and economically disadvantaged groups, to secure government contracts. Changes include extending program participation, simplifying procedures, and increasing contract value limits, which can help these businesses grow and increase their share of public procurement.
Key points
Extending the participation period for small businesses in federal contracting programs from 9 to 10 years, allowing more time for growth.
Simplifying annual reviews for businesses already in the program, reducing paperwork.
Increasing the value limits for contracts that can be awarded to small businesses without competitive bidding, opening doors to larger projects.
Creating a centralized database for mentor-protege programs, facilitating connections and business development.
Streamlining the certification process for various types of small businesses (e.g., women-owned, veteran-owned, or HUBZone businesses).
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Additional Information
Print number: 117_S_5044
Sponsor: Sen. Cardin, Benjamin L. [D-MD]
Process start date: 2022-09-29
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Federal Contracting Fairness Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_5044.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-09-29.

What are the main provisions?

Key points include:

  • Extending the participation period for small businesses in federal contracting programs from 9 to 10 years, allowing more time for growth.
  • Simplifying annual reviews for businesses already in the program, reducing paperwork.
  • Increasing the value limits for contracts that can be awarded to small businesses without competitive bidding, opening doors to larger projects.
  • Creating a centralized database for mentor-protege programs, facilitating connections and business development.
  • Streamlining the certification process for various types of small businesses (e.g., women-owned, veteran-owned, or HUBZone businesses).
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Cardin, Benjamin L. [D-MD].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy