This bill changes parts of the Small Business Act to raise the dollar limit for certain sole-source contracts from $7,000,000 to $10,000,000. The text replaces references to "$7,000,000" with "$10,000,000" in several specific sections: 8(a)(1)(D)(i)(II); 8(m) paragraphs (7)(B) and (8)(B); 31(c)(2)(A)(ii); and 36(c)(2).
For small businesses and contracting officers covered by the amended sections, agencies may award sole-source contracts up to $10,000,000 where those sections apply. The bill updates only the dollar amounts in the listed provisions; it does not show other changes.
No publicly available information on federal costs, budget effects, or implementation expenses is included in the bill text or provided metadata.
No publicly available information on supporters' stated reasons or claims is included in the bill text or provided metadata.
No publicly available information on opponents' stated reasons or concerns is included in the bill text or provided metadata.