As reported by the Senate Committee on Small Business and Entrepreneurship on May 23, 2024
By Fiscal Year, Millions of Dollars
2024
2024-2029
2024-2034
Direct Spending (Outlays)
0
0
0
Revenues
0
0
0
Increase or Decrease (-) in the Deficit
0
0
0
Spending Subject to Appropriation (Outlays)
*
*
not estimated
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?
No
Statutory pay-as-you-go procedures apply?
No
Mandate Effects
Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?
No
Contains intergovernmental mandate?
No
Contains private-sector mandate?
No
* = between zero and $500,000.
Summary
S. 3772 would require federal contractors seeking to subcontract to write their solicitations in straightforward terms so that they can be easily understood by small businesses. The bill also would direct the offeror of a subcontracting opportunity to submit a new solicitation in plain language within 30 days if the Small Business Administration (SBA) deems the solicitation to be unclear.
Based on the cost of similar activities, CBO estimates that any additional administrative expenses needed for the SBA to review subcontractor solicitations under the bill would cost less than $500,000 over the 2024-2029 period. Any related spending would be subject to the availability of appropriated funds.
