H.R. 2594 · 115th Congress
Small Business Payment for Performance Act of 2017
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
FitzpatrickSponsor5 cosponsors · 3 D, 2 R
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill amends the Small Business Act to allow a small business performing a construction contract awarded by a federal agency to submit a request for an equitable adjustment to the agency's contracting officer if such officer directs a change in the terms of the contract performance without the agreement of the small business.
What it does: CRS summary · Introduced in House · May 23, 2017
Small Business Payment for Performance Act of 2017
This bill amends the Small Business Act to allow a small business performing a construction contract awarded by a federal agency to submit a request for an equitable adjustment to the agency's contracting officer if such officer directs a change in the terms of the contract performance without the agreement of the small business.
The agency must provide to the small business an interim partial payment of at least 50% of the estimated amount required to cover additional costs resulting from such change. Such small business shall pay to a first tier subcontractor or supplier the portion of such payment that is attributable to the increased costs of performance incurred by such subcontractor or supplier due to such change.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Small Business Payment for Performance Act of 2017
Latest action (Jun 15, 2017): Ordered to be Reported (Amended).
Policy area: Commerce · Origin: House · Introduced: May 23, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.