Small Contractor Stability Act of 2020
This bill raises the caps on sole-source contracts for specified small businesses, and it temporarily authorizes a federal contracting officer to award sole-source contracts to specified small businesses if the award prices for such contracts will not exceed maximum permissible amounts.
A sole-source contract is a contract that may be issued without a competitive bidding process.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2020-03-23 | IntroReferral | Referred to the House Committee on Small Business. | House floor actions |
| 2020-03-23 | IntroReferral | Introduced in House | Library of Congress |