Expanding Small Biz Opportunities
Statement
Issues: Business and Consumers
On Friday, I joined House Small Business Committee Chair Nydia Velazquez in introducing the Contracting Credit Equality Act, which expands federal contracting opportunities for small businesses in the Marianas and all U.S. territories. The bill allows federal agencies to double the value of a contract awarded to a business located in the any of the U.S. territories for purposes of meeting small business contracting requirements. Currently this contracting provision only covers Puerto Rico.
Source