Transparency and Predictability in Small Business Opportunities Act
HR 789 enhances transparency for small businesses in federal contracting by requiring agencies to report canceled solicitations and connect businesses to new opportunities.
HR 789 enhances transparency for small businesses in federal contracting by requiring agencies to report canceled solicitations and connect businesses to new opportunities.
Bill Information:
- Bill Number: HR 789
- Title: Transparency and Predictability in Small Business Opportunities Act
- Status: Received in the Senate and Read twice; referred to the Committee on Small Business and Entrepreneurship.
- Introduced: January 28, 2025
- Classification: Bill
The Transparency and Predictability in Small Business Opportunities Act aims to enhance transparency and support for small businesses in the federal contracting process. Specifically, it addresses the challenges faced by small businesses when federal contract solicitations are canceled, ensuring they have access to information and resources to pursue alternative opportunities.
Rule Implementation by SBA:
Support for Small Businesses:
Public Accessibility:
Focus on Pre-Award Solicitations:
Affected Parties:
Federal Agencies:
HR 789 seeks to create a more transparent and supportive environment for small businesses engaging in federal contracting. By requiring federal agencies to provide detailed information on canceled solicitations and facilitating connections to new opportunities, the bill aims to reduce the financial burden on small businesses and enhance their ability to compete for federal contracts.
Compiled from official sources — confirm details with the bill’s official record.
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