41 USC 1123: Small business concerns
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41 USC 1123: Small business concerns Text contains those laws in effect on June 29, 2024
From Title 41-PUBLIC CONTRACTSSubtitle I-Federal Procurement PolicyDivision B-Office of Federal Procurement PolicyCHAPTER 11-ESTABLISHMENT OF OFFICE AND AUTHORITY AND FUNCTIONS OF ADMINISTRATORSUBCHAPTER II-AUTHORITY AND FUNCTIONS OF THE ADMINISTRATOR
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§1123. Small business concerns

In formulating the Federal Acquisition Regulation and procedures to ensure compliance with the Regulation, the Administrator, in consultation with the Small Business Administration, shall-

(1) conduct analyses of the impact on small business concerns resulting from revised procurement regulations; and

(2) incorporate into revised procurement regulations simplified bidding, contract performance, and contract administration procedures for small business concerns.

( Pub. L. 111–350, §3, Jan. 4, 2011, 124 Stat. 3687 .)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
1123 41:405a (last sentence). Pub. L. 95–507, title II, §222 (last sentence), Oct. 24, 1978, 92 Stat. 1771 .