Establishes a goal for participation by small business concerns owned and controlled by veterans in federal procurement contracts.
The Contract Our Veterans Act of 2026 amends the Small Business Act to set a governmentwide goal of at least 5 percent of the total value of all prime contract and subcontract awards for small business concerns owned and controlled by veterans. The bill modifies various sections of the Small Business Act to include these veteran-owned businesses in competitions, reporting, and goals. It also allows contracting officers to award contracts to veteran-owned small businesses through restricted competitions or sole source contracts under certain conditions.
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