SPUR Act

Summary#

This bill amends the Small Business Act to change what is included in federal agency "scorecards" that track small business contracting. The scorecards must report the number of new small business entrants awarded prime contracts in each North American Industry Classification System (NAICS) code during the fiscal year. The report must include new entrants that are service-disabled veteran-owned, HUBZone, socially and economically disadvantaged, and women-owned small businesses. The bill defines a "new small business entrant" as a small business that has been awarded a prime contract by a federal agency and that has not previously been awarded a prime contract by any federal agency. The bill also defines "scorecard" as a summary that uses a rating system, includes the listed measures, and assigns a score to each agency. The bill does not authorize any new appropriations to carry out these changes.

What it means for you#

• If you are a small business seeking prime contracts, federal scorecards will show the number of first-time small-business prime-contract winners by NAICS code and compare the count to the prior year.
• If you are part of a specified subgroup (service-disabled veteran-owned, HUBZone, socially and economically disadvantaged, or women-owned), the count of new entrants in your subgroup will be included.
• If you work at or oversee a federal agency, the agency scorecard must include these new measures and will be assigned a score that reflects them.

Expenses#

The bill states: "No additional amounts are authorized to be appropriated to carry out this Act." No publicly available information on other budgetary estimates or cost figures is included in the text provided.

Proponents' View#

No publicly available information on proponents' statements or arguments is included in the bill text or metadata provided.

Opponents' View#

No publicly available information on opponents' statements or arguments is included in the bill text or metadata provided.