H.R. 7076 requires the Secretary of Defense to study how the Department of Defense awards smaller contracts to small businesses and report back to Congress within 180 days. The study will examine contracts valued at or below the simplified acquisition threshold over the past five years to determine whether the Pentagon is properly following rules that set aside certain contracts for small business concerns. The report must detail what contracts went to small businesses versus larger companies, explain why some small-business-reserved contracts were awarded to other firms, identify any patterns or trends in non-compliance, and recommend any changes needed to federal law or Pentagon policy. This bill affects the Defense Department, small business contractors, and congressional committees overseeing military procurement and small business matters, though it does not authorize any specific funding or establish a new deadline beyond the initial 180-day reporting requirement.
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