To amend the Small Business Act to require equitable adjustments to certain construction contracts, and for other purposes.
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This bill allows a small business performing a construction contract awarded by a federal agency to request an equitable adjustment if the agency's contracting officer directs a change in the work that is within the general scope of the contract without the agreement of the small business. The agency must provide the small business with an interim partial payment to cover additional costs resulting from such a change, and the small business must pay a first tier subcontractor or supplier the portion of the partial payment that is attributable to additional costs incurred due to the change.
Referred to the House Committee on Small Business.
Introduced in House
Congress.gov source codes: 1000, Intro-H
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Sources: Congress.gov