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H.R. 7694, Strengthening Subcontracting for Small Businesses Act of 2022 (CBO Report for Congress)

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Congress 117th
Date Requested June 8, 2022
Requested By the House of Representatives
Date Sent Nov. 2, 2022
Description:
H.R. 7694 would require federal agencies, when evaluating a bid for a federal contract, to consider the extent to which offerors propose to use small businesses as subcontractors. CBO estimates that enacting H.R. 7694 would not affect direct spending or revenues. CBO has not estimated the discretionary costs of implementing the legislation. The legislation contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.

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