This bill amends federal contracting law to expand the "Rule of Two," a requirement that federal agencies set aside contracts for small businesses when there are at least two competitive small business bidders available. The legislation applies the Rule of Two to multiple award contracts and individual orders placed against those contracts, requiring agencies to reserve opportunities for small businesses unless they cannot find at least two small business offers that are competitive on price, quality, and delivery. The bill includes specific categories of small businesses and applies to contracts above the micro-purchase threshold. The measure aims to increase small business participation in federal procurement by making it easier for small firms to compete for government contracts.
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