Small Business: Tracking First-Time Federal Contractors
Also known as: SPUR Act
Legislative Progress
Key Points
- Congress passed a bill to change how federal agencies are graded on their work with small businesses. Agencies will now be required to report how many "new" small businesses are winning government contracts for the very first time.
- The policy focuses on helping new entrepreneurs get their foot in the door. It specifically tracks first-time contracts for businesses owned by women, service-disabled veterans, and people in economically disadvantaged areas.
- A "new entrant" is defined as a small business that wins a direct contract with the government but has never had one before. This helps the public see if the government is finding new partners or just sticking with the same old companies.
- This information will be part of a public "scorecard" for each agency. By comparing this year's numbers to last year's, the government can see if it is getting better or worse at supporting new small businesses.
- This plan does not cost any extra taxpayer money. It simply updates the rules for how agencies report the money they are already spending.
Milestones
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 384 - 25 (Roll no. 45). (text: CR H740)
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 384 - 25 (Roll no. 45). (text: CR H740)
Considered as unfinished business. (consideration: CR S749-750)
Vote Results
1 voteOn Motion to Suspend the Rules and Pass
Source Information
Document Type
Congressional Bill
Official Title
SPUR Act
Sponsor
Cosponsors
(5)Data Sources
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