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Defense Contracts: Small Businesses Can Use Affiliates' Past Performance.

This Act mandates the Department of Defense (DoD) to consider the past performance of affiliated companies when evaluating bids from small businesses for defense contracts. This change aims to level the playing field, allowing small businesses to qualify for contracts even if they lack a long track record, provided their affiliates have relevant experience. This measure supports economic growth by increasing opportunities for smaller enterprises in the public procurement market.
Key points
The Secretary of Defense must amend the Federal Acquisition Regulation Supplement by July 1, 2024.
Contracting officers must consider the past performance of a small business concern's affiliates as the concern's own past performance.
Only past performance information from affiliates within the preceding nine-year period will be considered.
The change boosts small businesses' competitiveness in securing lucrative Department of Defense contracts.
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Additional Information
Print number: 118_HR_5297
Sponsor: Rep. Bacon, Don [R-NE-2]
Process start date: 2023-08-29