The Small Business Payment for Performance Act of 2025 provides interim partial payments to small business contractors for changes in construction.
The Small Business Payment for Performance Act of 2025 amends the Small Business Act to ensure small business contractors receive interim partial payments when they request an equitable adjustment due to changes in construction contract terms. The bill requires agencies to provide at least 50 percent of the estimated additional costs as an interim payment. The Small Business Administration must implement these requirements by October 1, 2027.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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