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S. 2139: Small Contractors Improve Competition Act of 2015

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S. 2139: Small Contractors Improve Competition Act of 2015

114th Congress · introduced 2015-10-06 · Commerce · Latest: By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report under authority of the order of the Senate of 12/10/2016. Report No. 114-416.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2015-10-06 · official record
  2. Who proposed it: Sen. Vitter, David [R-LA] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report under authority of the order of the Senate of 12/10/2016. Report No. 114-416. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Small Contractors Improve Competition Act of 2015

Plain summary

Small Contractors Improve Competition Act of 2015 (Sec. 2) This bill expresses the sense of Congress that, when used appropriately, with respect to federal agency procurement, an auction between a group of offerors who compete against each other by submitting offers for a contract or task or delivery order with the ability to submit revised offers with lower prices throughout the course of the auction (reverse auction) may improve the federal government's procurement of commercially available commodities by increasing competition, reducing prices, and improving opportunities for small businesses. The Small Business Act is amended to prohibit the use of reverse auctions for certain Small Business Administration (SBA) federal procurement contracts (covered contracts) for: design and construction services; goods purchased to protect federal employees, members of the Armed Forces, or civilians from bodily harm; or goods or services other than these to be awarded based on factors other than price and technical responsibility, or if awarding the contract requires the contracting officer to conduct discussions with the offerors about their offer. This prohibition applies specifically to any covered contract to be made under the procurement programs for women-owned small business concerns and for small business concerns owned and controlled by service-disabled veterans, as well as under the Historically Underutilized Business Zone (HUBZone) program. In the case of an award of a non-covered contract, a reverse auction may be used for the award only if specified decisions are made by a contracting officer trained on the appropriate use and supervision of reverse auctions for such contracts. A federal agency may not award such a contract using a reverse auction if: only one offer is received; offerors do not have the ability to submit revised bids with lower prices throughout the course of the auction; or at any time during the procurement process the federal agency misinforms an offeror about the price ranking of the last offer submitted by an offeror. (Sec. 3) If another applicable federal law or regulation permits the acceptance of a bond from a surety not subject to certain federal requirements for surety corporations, and is based on a pledge of assets by the surety, the assets pledged by such surety shall: consist of specified eligible obligations; and be submitted to the government official required to approve or accept the bond, who shall deposit the obligations according to specified requirements. The Small Business Investment Act of 1958 is amended with respect to any SBA guarantee or agreement to indemnify a surety under the Small Business Investment Program against loss from a breach of the terms of a bid bond, payment bond, performance bond, or ancillary bonds by a principal on any total work order or contract amount at the time of bond execution that does not exceed $6.5 million, as adjusted for inflation. Increases from 70% to 90% of the loss incurred and paid by a surety authorized to issue bonds (subject to SBA guarantee) the SBA's maximum obligation to pay the surety under the guarantee or agreement to indemnify.

Congressional Research Service summary (Reported to Senate with amendment(s)), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Small Contractors Improve Competition Act of 2015

Source: Congressional Research Service summary (Reported to Senate with amendment(s))

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Vitter, David [R-LA] · 1 cosponsors

Cost estimate: CBO cost estimate: S. 2139, Small Contractors Improve Competition Act of 2015 (2016-02-17)

Cosponsors on this site

Jeanne Shaheen (D-NH)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (6)
Appropriation
Money a legislature sets aside by law for a specific purpose. Government agencies may spend public money only as it has been appropriated.
Authorization
A law that creates or continues a government program and says what it may do, often with a suggested spending ceiling. An authorization alone does not provide money; a separate appropriation does.
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Bond
A way to borrow money. A government sells bonds to raise money now and promises to pay it back with interest over time. Bonds repaid from taxes often need voter approval.
Obligation
A binding promise by a government agency to pay money, for example by signing a contract or awarding a grant. Spending data such as USAspending.gov counts money when it is obligated, which can be before it is actually paid out.
Rulemaking
The process agencies use to write regulations that carry out laws passed by Congress or a legislature. Usually an agency publishes a proposed rule, takes public comments, then publishes a final rule.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong114-s2139 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114