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Increased Transparency in Small Business Government Contracts

New rules enhance transparency in government contracting for small businesses, including those owned by women, veterans, and in HUBZone areas. Citizens will gain better insight into how taxpayer money is spent to support these enterprises. The act mandates regular reports on application numbers, awarded contracts, and issues, aiming to improve the effectiveness of small business support.
Key points
The government will annually publish detailed reports on contracts awarded to small businesses owned by women, veterans, and those in HUBZone areas.
These reports will include information on application numbers, certified and denied applications, and the total value of contracts.
The goal is to increase accountability and ensure that small business support programs function effectively.
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Additional Information
Print number: 118_HR_4670
Sponsor: Rep. Houlahan, Chrissy [D-PA-6]
Process start date: 2023-07-17