Common Repository for Small Businesses Act

HR 5977, the Common Repository for Small Businesses Act, creates a centralized database for small businesses seeking to supply goods or services to the U.S. Department of Defense (DoD). The bill requires the DoD's Assistant Secretary for Industrial Base Policy to establish this repository within 90 days of enactment, consolidating information currently duplicated across multiple contractor applications. This directly affects small businesses and contractors by reducing the time and effort needed to submit the same information repeatedly to different prime contractors. The repository will streamline the vetting process for small suppliers while coordinating with existing DoD small business programs focused on market research and supply chain support.