Streamlining Small Business Contracts Act of 2026 raises the dollar threshold for sole source contracts for small businesses.
The Streamlining Small Business Contracts Act of 2026 amends the Small Business Act to increase the dollar threshold for sole source contracts from $7 million to $10 million for certain small businesses. This change aims to streamline the contracting process for small businesses, allowing them to secure larger contracts without competitive bidding. The bill affects small businesses that qualify for sole source contracting authority.
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