H.R. 3985, Building Better Business Partnerships Act of 2012.

Cost Estimate
May 18, 2012

As ordered reported by the House Committee on Small Business on March 22, 2012

H.R. 3985 would amend programs that pair disadvantaged small businesses with other eligible businesses (mentor-protégé programs) in order to allow them to participate in set-aside programs for federal contracts. The bill would direct the Small Business Administration (SBA) to broaden the scope of its mentor-protégé program to cover all small businesses (currently the program is open to a limited pool of participants). The bill also would direct the SBA to develop regulations that would apply to mentor-protégé programs operating in other federal agencies.

Based on information from the SBA and several federal agencies that operate mentor-protégé programs, CBO estimates that implementing H.R. 3985 would cost $6 million over the 2013-2017 period, assuming appropriation of the necessary amounts. CBO estimates that enacting H.R. 3985 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.

H.R. 3985 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would not affect the budgets of state, local, or tribal governments.