H.R. 4093, Greater Opportunities for Small Business Act of 2014

Cost Estimate
May 2, 2014

As ordered reported by the House Committee on Small Business on March 5, 2014

H.R. 4093 would amend the laws that encourage federal agencies to procure goods and services from small business. The legislation would increase the goals for awarding procurements to small businesses for both prime contracts (contracts directly awarded by the federal government) and subcontracts.

CBO estimates that implementing H.R. 4093 would cost $125 million over the 2015-2019 period, assuming appropriation of the necessary amounts. Enacting the bill could affect direct spending by agencies not funded through annual appropriations; therefore, pay-as-you-go procedures apply. CBO estimates, however, that any net change in spending by those agencies would be negligible. Enacting the bill would not affect revenues.

H.R. 4093 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments.