To amend section 3903 of title 31, United States Code, to establish accelerated payments applicable to contracts with certain small business concerns, and for other purposes.
Accelerated Payments for Small Businesses Act of 2018 This bill establishes a goal for federal agencies to pay small business invoices within 15 days of receiving a proper invoice if a specific payment date is not established by contract.
Minority and disadvantaged businessesPublic contracts and procurementSmall businessWages and earnings
To amend section 3903 of title 31, United States Code, to establish accelerated payments applicable to contracts with certain small business concerns, and for other purposes.
USA115th CongressHR-5337| House
| Updated: 3/20/2018
Accelerated Payments for Small Businesses Act of 2018 This bill establishes a goal for federal agencies to pay small business invoices within 15 days of receiving a proper invoice if a specific payment date is not established by contract.