Ensuring Efficiency and Fairness in Federal Subcontracting Act of 2024

HR 10563 requires prime federal contractors to notify subcontractors about contract status within 30 days of a request, with a process for subcontractors to report delays to contracting officers. It mandates that agencies set small business utilization goals (minimum 50% for full contracts, 75% at contract stages) and withhold incentive fees if goals are unmet. The bill also directs agencies to host annual outreach events for veteran-owned, HUBZone, disadvantaged, and women-owned small businesses. Additionally, it orders studies on improving subcontractor complaint systems and using CPARS data to assess prime-subcontractor relationships.