Description:
H.R. 2781 would require the Department of Veterans Affairs (VA) to certify that a certain number of veteran-owned businesses are represented in each category of contracts awarded under the General Services Administration’s (GSA’s) Federal Strategic Sourcing Initiative (FSSI). In addition, a similar certification would be required for businesses owned by veterans who have service-connected disabilities. VA and GSA would be required to develop a plan to increase the number of such contracts or to stop awarding contracts under a particular category in the event that an insufficient number of contracts were awarded to veteran-owned businesses.
On the basis of information from VA, CBO estimates that implementing H.R. 2781 would cost less than $500,000 for certifying contracts under the FSSI over the 2017-2022 period, subject to the availability of appropriations. CBO has no basis for determining if VA and GSA would stop awarding any contracts under the bill.
Enacting H.R. 2781 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.
