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Code · STATUTE-COMPILATIONS · establish a system of priorities and allocations for materials and facilities, authorize the requisitioning thereof, provide financial assistance for expansion of productive capacity and supply, provi · Sec. 108

Sec. 108. MODERNIZATION OF SMALL BUSINESS SUPPLIERS

284 words·~1 min read·/statute-compilations/comps-8323/sec-108

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## SEC. 108 MODERNIZATION OF SMALL BUSINESS SUPPLIERS ###
(a)In General In providing any assistance under this Act, the President shall accord a strong preference for small business concerns which are subcontractors or suppliers, and, to the maximum extent practicable, to such small business concerns located in areas of high unemployment or areas that have demonstrated a continuing pattern of economic decline, as identified by the Secretary of Labor. ###
(b)Modernization of Equipment ####
(1)In general Funds authorized under title III may be used to guarantee the purchase or lease of advance manufacturing equipment, and any related services with respect to any such equipment for purposes of this Act. ####
(2)Small business suppliers In considering proposals for title III projects under paragraph (1), the President shall provide a strong preference for proposals submitted by a small business supplier or subcontractor whose proposal— #####
(A)has the support of the department or agency which will provide the guarantee; #####
(B)reflects that the small business concern has made arrangements to obtain qualified outside assistance to support the effective utilization of the advanced manufacturing equipment being proposed for installation; and #####
(C)meets the requirements of section 301, 302, or 303. **[**[50 U.S.C. 4518](/us/usc/t50/s4518)**]** # TITLE II AUTHORITY TO REQUISITION AND CONDEMN **[**The authority to condemn was added by section 102 of the Defense Production Act Amendments of 1951, 65 Stat. 132–133, July 31, 1951. The title was terminated at the close of June 30, 1953, by section 11 of the Defense Production Act Amendments of 1953, 67 Stat. 131, June 30, 1953. Title II repealed by section 2(a)(2) of Public Law 111–67.**]** # TITLE III EXPANSION OF PRODUCTIVE CAPACITY AND SUPPLY
Connectionstraces to 1
3 references not yet in our index
  • 65 Stat. 132
  • 67 Stat. 131
  • Pub. L. 111-67
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Sec. 108
MODERNIZATION OF SMALL BUSINESS SUPPLIERS
U.S.C.§ 4518
Stat.65 Stat. 132
Stat.67 Stat. 131
Pub. L.Pub. L. 111-67
Cites 4Cited by 0 across 0 sources
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