Small Contractor Stability Act of 2020

To amend the Small Business Act to increase caps on sole source contract awards to certain small business concerns, and for other purposes. 1. Short title This Act may be cited as the Small Contractor Stability Act of 2020 2. Sole source contracts for certain small business concerns (a) Definitions In this section— (1) the term contracting officer 15 U.S.C. 657f(e) (2) the term economically disadvantaged women-owned small business (3) the term HUBZone small business concern 15 U.S.C. 657a(b) (4) the term SCORE 15 U.S.C. 637(b)(1)(B) (5) the term small business concern owned and controlled by service-disabled veterans 15 U.S.C. 632(q) (6) the term small business concern owned and controlled by women 15 U.S.C. 637(m) (b) Temporary sole-Source award parity among contracting programs Notwithstanding any other provision of law or regulation, during the period beginning on the date of enactment of this section and ending on September 30, 2021, with respect to a small business concern owned and controlled by women, an economically disadvantaged women-owned small business, a HUBZone small business concern, or a small business concern owned and controlled by service-disabled veterans, a contracting officer may award a sole source contract to the small business concern if the anticipated award price of the contract will not exceed the maximum permissible amount for the contract, as provided under the applicable provision of the Small Business Act ( 15 U.S.C. 631 (c) Increasing sole source caps (1) Qualified hubzone small business concerns Section 31(c)(2)(A)(ii) of the Small Business Act ( 15 U.S.C. 657a(c)(2)(A)(ii) (A) in subclause (I), by striking $5,000,000 $10,000,000 (B) in subclause (II), by striking $3,000,000 $8,000,000 (2) Small business concerns owned and controlled by service-disabled veterans Section 36(a)(2) of the Small Business Act ( 15 U.S.C. 657f(a)(2) (A) in subparagraph (A), by striking $5,000,000 $10,000,000 (B) in subparagraph (B), by striking $3,000,000 $8,000,000 (3) Small business concerns owned and controlled by socially and economically disadvantaged individuals Section 8(a)(1)(D)(i)(II) of the Small Business Act ( 15 U.S.C. 637(a)(1)(D)(i)(II) (A) by striking $5,000,000 $10,000,000 (B) by striking $3,000,000 $8,000,000 (4) Certain small business concerns owned and controlled by women Section 8(m) of the Small Business Act ( 15 U.S.C. 637(m) (A) in paragraph (7)(B)— (i) in clause (i), by striking $6,500,000 $10,000,000 (ii) in clause (ii), by striking $4,000,000 $8,000,000 (B) in paragraph (8)(B)— (i) in clause (i), by striking $6,500,000 $10,000,000 (ii) in clause (ii), by striking $4,000,000 $8,000,000 (d) 8 (a) The Administrator of the Small Business Administration shall allow a participant in the program established under section 8(a) of the Small Business Act on the date of enactment of this section to extend such participation by a period of 1 year.

Summary: Small Contractor Stability Act of 2020 This bill raises the caps on sole-source contracts for specified small businesses, and it temporarily authorizes a federal contracting officer to award sole-source contracts to specified small businesses if the award prices for such contracts will not exceed maximum permissible amounts. A sole-source contract is a contract that may be issued without a competitive bidding process.