H.R. 1640

To amend the Small Business Act to ensure uniformity in procurement terminology, and for other purposes.

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I

115th CONGRESS

1st Session

H. R. 1640

IN THE HOUSE OF REPRESENTATIVES

March 20, 2017

Ms. Velázquez introduced the following bill; which was referred to the Committee on Small Business

A BILL

To amend the Small Business Act to ensure uniformity in procurement terminology, and for other purposes.

1.

Uniformity in procurement terminology

(a)

In general

Section 15(j)(1) of the Small Business Act (15 U.S.C. 644(j)(1)) is amended by striking greater than $2,500 but not greater than $100,000 and inserting greater than the micro-purchase threshold, but not greater than the simplified acquisition threshold.

(b)

Technical amendment

Section 3(m) of the Small Business Act (15 U.S.C. 632(m)) is amended to read as follows:

(m)

Definitions pertaining to contracting

In this Act:

(1)

Prime contract

The term prime contract has the meaning given such term in section 8701(4) of title 41, United States Code.

(2)

Prime contractor

The term prime contractor has the meaning given such term in section 8701(5) of title 41, United States Code.

(3)

Simplified acquisition threshold

The term simplified acquisition threshold has the meaning given such term in section 134 of title 41, United States Code.

(4)

Micro-purchase threshold

The term micro-purchase threshold has the meaning given such term in section 1902(a) of title 41, United States Code.

(5)

Total purchase and contracts for property and services

The term total purchases and contracts for property and services means the total number and total dollar amount of contracts and orders for property and services.

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