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Support for Growing Construction and Engineering Businesses

New rules will help small construction and engineering firms that have grown in size to continue bidding on certain government contracts as small businesses for a transitional period. This allows these companies to smoothly transition to the larger market, potentially increasing competition and service availability for the government.
Key points
A pilot program for construction and engineering firms that have outgrown small business status allows them to continue bidding on selected contracts as small businesses for up to 7 years.
Participating firms must gradually increase their share of non-small business contracts to prepare for full entry into the unrestricted market.
The goal is to increase competition in the federal contracting market and support the growth of businesses that might otherwise face difficulties after losing their small business status.
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Expired
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Additional Information
Print number: 117_S_5344
Sponsor: Sen. Young, Todd [R-IN]
Process start date: 2022-12-21
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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

SUCCESS Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_5344.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-12-21.

What are the main provisions?

Key points include:

  • A pilot program for construction and engineering firms that have outgrown small business status allows them to continue bidding on selected contracts as small businesses for up to 7 years.
  • Participating firms must gradually increase their share of non-small business contracts to prepare for full entry into the unrestricted market.
  • The goal is to increase competition in the federal contracting market and support the growth of businesses that might otherwise face difficulties after losing their small business status.
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. Young, Todd [R-IN].

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.

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Economy Public Investments