Requires federal contracts above the simplified acquisition threshold to be reserved for small businesses when officers expect to get offers from at least two responsible small businesses at a fair market price.

Official title: Protecting Small Business Competitions Act of 2026

Next stop House floor: awaiting a vote

Timeline each lane is a chamber; dates pull from congress.gov actions

House

Introduced 09-APR-2025

Referred 09-APR-2025

Approved by committee 20-MAY-2026

Reported 02-JUL-2026

On the calendar 02-JUL-2026

Key points

Amends Section 15(j) of the Small Business Act to add a new paragraph codifying the Rule of Two for federal procurement.
Applies to covered contracts for goods or services with an anticipated value above the simplified acquisition threshold.
Excludes delivery orders and task orders from the definition of covered contract.
Requires the contracting officer to reasonably expect offers from two or more responsible small businesses and a fair market price before reserving the contract.

AI-generated from the Reported in House text of 02-JUL-2026 · verify · report an error

Official CRS summary

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Committee referrals (1)

Policy area

Commerce

Sponsor Nydia M. Velázquez (D-NY) Cosponsors · 4

■ 3 D■ 1 R

3 Democrats

1 Republican

congress.gov page Reported in House (02-JUL-2026) Introduced in House (09-APR-2025)