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Congress·In Committee·H.R. 6648

Veteran-Owned Small Business Contract Expansion

FAIR Vets Act

3 months ago·View on Congress.gov

Stalled

No legislative action in over 90 days.

Legislative Progress

House
Senate
President
Law

Key Points

  • The FAIR Vets Act helps small businesses owned by veterans with service-related disabilities get more government work. It raises the dollar limits on "sole-source" contracts, which are deals the government can give directly to a business without making them go through a long, open bidding process against many other companies.
  • For manufacturing projects, the limit for these direct contracts would increase from $7 million to $10 million. For other types of work, like providing services or supplies, the limit would more than double, jumping from $3 million to $8 million.
  • The bill also changes how the government counts the value of a contract. Right now, the limit includes "options" for potential future work. This bill removes those options from the count, which allows veteran-owned businesses to take on larger, multi-year projects without hitting the limit too quickly.
  • If this bill becomes law, the government would have 180 days to update its official buying rules. This change is designed to help veteran-owned businesses grow by giving them a better chance to handle bigger federal projects and compete for more significant government spending.

Milestones

2 milestones2 actions
Dec 11, 2025House

Referred to the House Committee on Small Business.

Dec 11, 2025

Introduced in House

Source Information

Document Type

Congressional Bill

Official Title

FAIR Vets Act

Bill NumberHR 6648
Congress119th Congress
ChamberHouse of Representatives
Latest ActionReferred to the House Committee on Small Business.

Sponsor

Cosponsors

(7)
D: 2R: 5

Analysis generated by AI. Always verify with official sources.