Small Business Payment for Performance Act of 2025
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Summary
This bill amends the Small Business Act to require federal agencies to provide interim partial payments to small business contractors when the agency directs changes to construction contract terms. When a small business requests an equitable adjustment for such changes, the agency must pay at least 50 percent of the estimated additional costs within a specified timeframe. The bill also requires contractors to pass through appropriate portions of these interim payments to their subcontractors.
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