H.R. 2594: Small Business Payment for Performance Act of 2017

CBO Score

$83 million

Date of Report

Wed October 4th, 2017

CBO Report Details

Legislation Details

115th Congress

To amend the Small Business Act to provide interim partial payment to small business contractors that request an equitable adjustment due to a change in the terms of a construction contract, and for other purposes.

Sponsor: Rep. Brian Fitzpatrick — R — PA

This bill amends the Small Business Act to allow a small business performing a construction contract awarded by a federal agency to submit a request for an equitable adjustment to the agency's contracting officer if such officer directs a change in the terms of the contract performance without the agreement of the small business. The agency must provide to the small business an interim partial payment of at least 50% of the estimated amount r...

View the full vote history of this bill on GovTrack.us.

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