Small businesses doing government construction jobs would get faster payments for contract changes.
Small businesses that do construction work for the government would get paid faster when contract terms change. If an agency changes a construction contract, this bill would require the agency to pay the small business at least 50% of the estimated extra costs. This payment would be made right away. This helps small businesses and their subcontractors manage their money better.
Today, small business contractors do not have a guaranteed right to receive partial payments when a government agency changes the terms of a construction contract, even if those changes add costs. With this bill, if an agency changes a construction contract, the small business would receive an interim partial payment of at least 50% of the estimated additional costs while the full adjustment is being processed. This would also ensure those payments flow down to subcontractors.
HR 4615 · 119th Congress · AI Summary by gemini-2.5-flash · 8/10
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6 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.