To amend the Small Business Act to ensure uniformity in procurement terminology, and for other purposes.

Bill: 115-hr-1640
Sponsor: full_name: Rep. Velazquez, Nydia M. [D-NY-7]
Introduced: 2017-03-20
Policy area: Commerce
Subjects: Public contracts and procurement

Small business
Latest action: action_date: 2017-03-20
text: Referred to the House Committee on Small Business.

Summaries:
action_date: 2017-03-20
action_desc: Introduced in House
text: <p>This bill amends the Small Business Act to require each government contract for the purchase of goods and services that has an anticipated value greater than the micro-purchase threshold but not greater than the simplified acquisition threshold (currently, greater than $2,500 but not greater than $100,000) to be reserved exclusively for small business concerns unless the contracting officer is unable to obtain offers from 2 or more small business concerns that are competitive with market prices and are competitive with regard to the quality and delivery of the goods or services being purchased.</p>

tv_txt: I 115th CONGRESS 1st Session H. R. 1640 IN THE HOUSE OF REPRESENTATIVES March 20, 2017 Ms. Velázquez introduced the following bill; which was referred to the Committee on Small Business A BILL To amend the Small Business Act to ensure uniformity in procurement terminology, and for other purposes.

1. Uniformity in procurement terminology (a) In general Section 15(j)(1) of the Small Business Act ( 15 U.S.C. 644(j)(1) ) is amended by striking greater than $2,500 but not greater than $100,000 and inserting greater than the micro-purchase threshold, but not greater than the simplified acquisition threshold . (b) Technical amendment Section 3(m) of the Small Business Act ( 15 U.S.C. 632(m) ) is amended to read as follows: (m) Definitions pertaining to contracting In this Act: (1) Prime contract The term prime contract has the meaning given such term in section 8701(4) of title 41, United States Code. (2) Prime contractor The term prime contractor has the meaning given such term in section 8701(5) of title 41, United States Code. (3) Simplified acquisition threshold The term simplified acquisition threshold has the meaning given such term in section 134 of title 41, United States Code. (4) Micro-purchase threshold The term micro-purchase threshold has the meaning given such term in section 1902(a) of title 41, United States Code. (5) Total purchase and contracts for property and services The term total purchases and contracts for property and services means the total number and total dollar amount of contracts and orders for property and services. .