41 USC 1123: Small business concerns
Text contains those laws in effect on November 14, 2024
From Title 41-PUBLIC CONTRACTSSubtitle I-Federal Procurement PolicyDivision B-Office of Federal Procurement PolicyCHAPTER 11-ESTABLISHMENT OF OFFICE AND AUTHORITY AND FUNCTIONS OF ADMINISTRATORSUBCHAPTER II-AUTHORITY AND FUNCTIONS OF THE ADMINISTRATOR
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§1123. Small business concerns
In formulating the Federal Acquisition Regulation and procedures to ensure compliance with the Regulation, the Administrator, in consultation with the Small Business Administration, shall-
(1) conduct analyses of the impact on small business concerns resulting from revised procurement regulations; and
(2) incorporate into revised procurement regulations simplified bidding, contract performance, and contract administration procedures for small business concerns.
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| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 1123 | 41:405a (last sentence). |
|