H.R. 4671would require federal agencies to report to the SBA annually on the number of small businesses that received procurement contracts for the first time. Under current law, federal agencies are required to set aside a certain percent of prime contract and subcontract dollars for small businesses. The bill would require agencies that fail to meet such goals to report to the SBA on the practices they used and to analyze the efficacy of such practices. The SBA would need to post that information on its scorecard website.
