S 2720 United States Senate · 118th Congress

Accountability and Clarity in Contracts to Engage Small Suppliers and Small Businesses Act

This bill requires federal agencies to make contract opportunities clearer for small businesses by mandating plain language and key search terms in public notices on SAM.gov. It directly affects small businesses (especially those owned by women, veterans, service-disabled veterans, socially/economically disadvantaged individuals, or HUBZone businesses) and federal agencies issuing contracts. Key provisions include new reporting requirements showing small business participation by industry, category, and contract value, plus limits on how agencies count contracts toward diversity goals (max 2 credits per contract). Agencies failing to meet performance standards must testify before Congress about their remediation plans.
Bill status in committee 1 of 4 stages cleared
Introduction
Sep 2023
Committee Review
Floor Vote
President
Introduced Sep 5, 2023 Last action Sep 5, 2023
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Committee
1
Sep 5, 2023
Committee
Read twice and referred to the Committee on Small Business and Entrepreneurship.
upper
Sep 5, 2023
Introduced
Introduced in Senate
upper
1 primary · 0 co-sponsors

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Party
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P
Photo of Joni Ernst
Joni Ernst
RRepublican
IA
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