Small Businesses Win with New House Bill
The U.S. House of Representatives passed a bill that is designed to stop corporate conglomerates from absorbing federal contracts that could be fulfilled by small businesses. According to an Associated Press article, the Small Business Fairness in Contracting Act will give small businesses access to federal procurements.
As mentioned in the article, the bill will make it more difficult for federal agencies to bundle small contracts into a larger bid — a process that often makes it impossible for smaller businesses to compete.
"If approved by the Senate and signed into law, this legislation would require agencies to justify in writing why they approved any bundled contracts and encourage agencies to use small businesses to fulfill contracts."
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