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Code · BILL · 114th Congress · H.R. 1481 (Reported in House) — To amend the Small Business Act to strengthen the small business industrial base, and for other purposes. · Sec. 3

Sec. 3. Data quality improvement

341 words·~2 min read·/bill/114/hr/1481/rh/section-3

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Section 15(s) of the Small Business Act (15. U.S.C. 644(s)) is amended— by redesignating paragraph
(4)as paragraph (6); and by inserting after paragraph
(3)the following new paragraphs: Not later than the first day of fiscal year 2017, the Administrator of the Small Business Administration shall implement the plan described in this subsection. The Administrator shall annually provide to the Committee on Small Business of the House of Representatives and the Committee on Small Business and Entrepreneurship of the Senate certification of the accuracy and completeness of data reported on bundled and consolidated contracts. . Not later than the first day of fiscal year 2018, the Comptroller General of the United States shall initiate a study on the effectiveness of the plan described in section 15(s) of the Small Business Act ( 15 U.S.C. 644(s) ) that shall assess whether contracts were accurately labeled as bundled or consolidated. For the purposes of conducting the study described in paragraph (1), the Comptroller General of the United States— shall evaluate, for work in each of sectors 23, 33, 54, and 56 (as defined by the North American Industry Classification System), not fewer than 100 contracts in each sector; shall evaluate only those contracts— awarded by an agency listed in section 901(b) of title 31, United States Code; and that have a Base and Exercised Options Value, an Action Obligation, or a Base and All Options Value (as such terms are defined in the Federal procurement data system described in section 1122(a)(4)(A) of title 41, United States Code, or any successor system); and shall not evaluate contracts that have used any set aside authority. Not later than 12 months after initiating the study required by paragraph (1), the Comptroller General of the United States shall report to the Committee on Small Business of the House of Representatives and the Committee on Small Business and Entrepreneurship of the Senate on the results from such study and, if warranted, any recommendations on how to improve the quality of data reported on bundled and consolidated contracts.
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Sec. 3
Data quality improvement
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