Sec. 402. Improvements to accuracy in Federal small business spending
193 words·~1 min read·
/bill/117/hr/7628/ih/section-402A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 15(g) of the Small Business Act ( 15 U.S.C. 644(g) ) is amended by adding at the end the following new paragraph: A Federal agency may allocate credit for a single prime contract not more than two times for purposes of demonstrating compliance with the Governmentwide goals established under paragraph (1)(A). The first allocation of credit described in subparagraph
(A)shall be applied toward the goal described in paragraph (1)(A)(i). A second allocation of such credit shall be applied as follows: If the prime contract was awarded pursuant to a requirement to set aside such prime contract for a small business concern described in clause (ii), (iii), (iv), or
(v)of paragraph (1)(A), the credit shall be applied toward the goal described in the appropriate clause that corresponds with the award. If the prime contract was not awarded pursuant to a requirement to set aside such prime contract for a small business concern described in clause (ii), (iii), (iv), or
(v)of paragraph (1)(A), the credit shall be applied toward any applicable goal described in such paragraph (1)(A). In this paragraph, the term credit means the value of a prime contract. .
Connectionstraces to 1
Traces to 1 document
U.S. Code
Citation graph
cites case law
Sec. 402
Improvements to accuracy in Federal small business spending
Cites 1Cited by 0 across 0 sources