Sec. 5. Contracting incentives for protege firms that are Puerto Rico businesses
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Section 45(a) of the Small Business Act ( 15 U.S.C. 657r(a) ) is amended by adding at the end the following new paragraph: During the period beginning on the date of enactment of this paragraph and ending on the date on which the Oversight Board established under section 101 of the Puerto Rico Oversight, Management, and Economic Stability Act ( 48 U.S.C. 2121 ) terminates, the Administrator shall identify potential incentives to a covered mentor that awards a subcontract to its covered protege, including— positive consideration in any past performance evaluation of the covered mentor; the application of costs incurred for providing training to such covered protege to the subcontracting plan (as required under paragraph
(4)or
(5)of section 8(d)) of the covered mentor; and such other incentives as the Administrator determines appropriate. . Section 45(d) of the Small Business Act ( 15 U.S.C. 657r(d) ) is amended by adding at the end the following new paragraphs: The term covered mentor means a mentor that enters into an agreement under this Act, or under any mentor-protege program approved under subsection (b)(1), with a covered protege. The term covered protege means a protege of a covered mentor that is a Puerto Rico business. .
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Sec. 5
Contracting incentives for protege firms that are Puerto Rico businesses
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