Simplifying Subcontracting Act
Simplifying Subcontracting Act
Plain Language Summary
# Simplifying Subcontracting Act (S 592) Summary **What It Would Do:** This bill aims to streamline federal contracting rules related to subcontracting—the practice where companies hired by the government then hire other companies to perform parts of the work. The bill would simplify the regulations that govern how government contractors must manage and report on their subcontractors, making the process less complex and bureaucratic. **Who It Affects:** The bill primarily impacts companies that contract with federal agencies and their subcontractors.
It could also indirectly affect federal agencies that oversee these contracts, and potentially taxpayers by changing how government spending on contracts is managed and reported. **Current Status:** As of now, S 592 remains in committee, meaning it has not yet advanced to a full floor vote in the Senate. The bill was introduced by Senator James Risch (R-ID) but has not been enacted.
Latest Action
Read twice and referred to the Committee on Small Business and Entrepreneurship.