Statute · United States Code
41 U.S.C. § 1123 — Small business concerns
41 U.S.C. § 1123
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- capital-markets-and-corporate-governance
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.
Citator
41 U.S.C. § 1123 — Small business concerns is in force in the current edition of the Code, and nothing recorded condemns it.
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.