Small Business Payment for Performance Act of 2025
[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 4615 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 4615 To amend the Small Business Act to provide interim partial payment to small business contractors that request an equitable adjustment due to a change in the terms of a construction contract, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES July 22, 2025 Mr. Stauber (for himself, Mr. Veasey, Mr. Fitzpatrick, and Mr. Norcross) introduced the following bill; which was referred to the Committee on Small Business _______________________________________________________________________ A BILL To amend the Small Business Act to provide interim partial payment to small business contractors that request an equitable adjustment due to a change in the terms of a construction contract, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Small Business Payment for Performance Act of 2025''. SEC. 2. EQUITABLE ADJUSTMENTS TO CONSTRUCTION CONTRACTS. (a) In General.--Section 15 of the Small Business Act (15 U.S.C. 644) is amended-- (1) by redesignating subsections (x) and (y) as subsections (y) and (z), respectively; and (2) by inserting after subsection (w) the following new subsection: ``(x) Interim Partial Payments for Equitable Adjustments to Construction Contracts.-- ``(1) Request for an equitable adjustment.--A small business concern that was awarded a construction contract by an agency may submit a request for an equitable adjustment to the contracting officer of such agency if the contracting officer directs a change in the terms of the contract performance without the agreement of the small business concern. Such request shall-- ``(A) be timely made pursuant to the terms of the contract; and ``(B) spe
Commerce
← Back to Pete Stauber's profile