Streamlining Small Business Contracts Act of 2026

Key Points

• This bill, introduced by Mr. Cisneros, would increase the maximum value of federal contracts that can be awarded directly to certain small businesses without a full bidding process. These are known as "sole source" contracts.
• The limit for these direct contracts would rise to $10 million. Previously, these limits were lower, often capped at $7 million for many types of projects.
• The change applies to several specific groups, including businesses owned by women, service-disabled veterans, and those located in economically underused business zones (HUBZones).
• By raising the dollar limit, the bill aims to help small businesses compete for larger government projects while reducing the time and paperwork usually required for open bidding.
• If passed, this would allow government agencies to hire qualified small businesses for more expensive work more quickly, potentially helping these companies grow and create jobs.

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