To require the Secretary of Defense to report on certain contracts and awards to small business concerns, and for other purposes.
Summary
H.R. 7076 mandates the Secretary of Defense, via the Office of Small Business Programs, to conduct a study on contracts awarded below the simplified acquisition threshold. The study aims to determine if the Department of Defense is adequately considering and applying requirements related to small business concerns. A report detailing the study's findings and recommendations must be submitted to relevant committees in both the House and Senate within 180 days of the Act's enactment.
Expected Effects
The bill's enactment will lead to increased scrutiny of the Department of Defense's contracting practices regarding small businesses. This could result in policy changes that ensure small businesses receive fuller consideration for contracts below the simplified acquisition threshold. Ultimately, this may lead to a greater percentage of these contracts being awarded to small businesses.
Potential Benefits
- Increased opportunities for small businesses to secure government contracts.
- Enhanced transparency in the Department of Defense's contracting processes.
- Potential for improved economic growth through support for small businesses.
- Identification of inefficiencies or biases in the current contracting system.
- Data-driven recommendations for policy changes to better support small businesses.
Most Benefited Areas:
Potential Disadvantages
- The study and reporting requirements may create additional administrative burden for the Department of Defense.
- There is no guarantee that the recommendations from the study will be implemented.
- The focus on small business contracts may divert resources from other important contracting priorities.
- Potential for increased costs if set-aside requirements lead to less competitive bidding.
- The study may reveal systemic issues that are difficult or costly to address.
Constitutional Alignment
The bill aligns with the Constitution, particularly Article I, Section 8, which grants Congress the power to provide for the common defense and general welfare. By ensuring fair consideration of small businesses in defense contracting, the bill promotes economic opportunity and supports a diverse industrial base, contributing to national security and economic stability. The reporting requirements also align with Congress's oversight responsibilities.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).