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Code · BILL · 117th Congress · S. 5220 (Introduced in Senate) — To reauthorize programs of the Small Business Administration, and for other purposes. · Sec. 405

Sec. 405. Administrative requirements for 8(a) firms

294 words·~1 min read·/bill/117/s/5220/is/section-405

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a ) firms Not later than 90 days after the date of enactment of this Act, the Administrator shall issue or revise regulations to— make the review process for small business concerns already certified under section 8(a) of the Small Business Act ( 15 U.S.C. 637(a) ) less burdensome by modifying the annual review of each such small business concern, including by— providing that, with respect to such an annual review, each such small business concern— shall submit to the Administrator a new business plan, including a contract forecast, a transitional management plan, and an annual performance of contracts, and a business capture strategy approach only if the plan or approach, as applicable, has changed, as compared with the previous year; and may indicate to the Administrator that there has been no change to the business plan or business capture strategy approach described in clause
(i)during the previous year; and making such other reductions in the number of forms and documents submitted by each such small business concern that the Administrator determines necessary, while still ensuring that each such small business concern maintains good standing with respect to the program carried out under such section 8(a); determine a new process for how the Administrator processes the annual review of each such small business concern that, at a minimum, requires the Administrator to conduct a review, which shall be expedited, of the small business concern when the small business concern is awarded a contract under such section 8(a); and coordinate with the General Services Administration to streamline the Past Performance Questionnaire form for small business concerns and Federal agencies participating in the programs established under sections 8(a), 8(m), 31, and 36 of the Small Business Act ( 15 U.S.C. 637(a) , 637(m), 657a, 657f).
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Sec. 405
Administrative requirements for 8(a) firms
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