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Extending Federal Contract Opportunities for Small Disadvantaged Businesses

This bill modifies the rules for the 8(a) program, which supports small disadvantaged businesses seeking federal contracts. The change extends the time these businesses have to secure their first contract before their official program participation clock begins. This aims to increase the success rate and growth potential of small businesses in the federal marketplace.
Key points
The 8(a) program eligibility period will no longer automatically start on the date of certification.
The program clock will now start on the earlier of two dates: when the business wins its first contract, or two years after certification.
This provides up to two extra years for small businesses to prepare and secure their initial federal government contract.
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Additional Information
Print number: 118_HR_9509
Sponsor: Rep. Velázquez, Nydia M. [D-NY-7]
Process start date: 2024-09-09