HR 2551 · 113th Congress · Commerce
Expanding Opportunities for Main Street Act of 2013
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Committee on Small Business, and in addition to the Committees on Financial Services, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.(2013-06-27)
Plain Language Summary
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Expanding Opportunities for Main Street Act of 2013 - Requires a federal agency, to the extent practicable, to award to a small business concern each acquisition contract of more than $3,000 and less than $500,000 (eligible contract). Authorizes a federal department or agency to award an eligible contract as a sole source contract to a small business if at least one small business submits a contract offer. Requires federal contracting officers to provide a determination of and reasons for not awarding an eligible contract to a small business. Amends the Small Business Act to prohibit considering an individual having net worth of over $1.5 million as economically disadvantaged for purposes of making certain awards to small businesses owned and controlled by socially and economically disadvantaged individuals under the Minority Small Business and Capital Ownership Development Program of the Small Business Administration (SBA). Redefines the terms "bundled contracts" and "bundling of contract requirements" for purposes of small business participation in federal procurement contracts. Increases federal small business procurement contracting goals. Requires contracto…
Summarized by Claude AI · Non-partisan · For informational purposes only