Small Business Payment for Performance Act of 20 22 This bill allows a small business that is awarded a construction contract by a federal agency to request an equitable adjustment if the agency's contracting officer directs a change in the contract's performance 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.
Small Business Payment for Performance Act of 2019
Introduced in House
Referred to the House Committee on Small Business.
Commerce
Small Business Payment for Performance Act of 2022
USA117th CongressHR-8273| House
| Updated: 7/1/2022
Small Business Payment for Performance Act of 20 22 This bill allows a small business that is awarded a construction contract by a federal agency to request an equitable adjustment if the agency's contracting officer directs a change in the contract's performance 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.