What does Preamble of Protecting Small Business Competitions Act of 2025 do?

This bill proposes to amend the Small Business Act. The stated purpose is to codify the 'Rule of Two'.

What does SHORT TITLE. of Protecting Small Business Competitions Act of 2025 do?

This bill is formally titled Protecting Small Business Competitions Act of 2025.

What does CODIFICATION OF THE RULE OF TWO. of Protecting Small Business Competitions Act of 2025 do?

This section amends Section 15(j) of the Small Business Act. It adds a new paragraph (4) establishing a 'Rule of Two'. The Rule of Two requires contracts, task orders, or delivery orders exceeding the simplified acquisition threshold to be reserved for small business concerns. A contract can be reserved for small businesses if the contracting officer reasonably expects offers from two or more responsible small business concerns and a fair market price.

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Protecting Small Business Competitions Act of 2025

Last updated: 4/9/2025 · Introduced: 4/9/2025

Author: Nydia Velázquez (D-NY)

TL;DR (AI)

This bill amends the Small Business Act to establish a 'Rule of Two' requiring contracts exceeding a certain threshold to be reserved for small businesses if the contracting officer anticipates offers from at least two responsible small businesses and a fair market price.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

3 sections

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