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To amend the Small Business Act to adjust sole-source thresholds for service-disabled veteran-owned small business concerns, and for other purposes.
Summary
This bill amends the Small Business Act to increase the contract thresholds for sole-source federal procurement awards to service-disabled veteran-owned small businesses. The primary threshold increases from $7 million to $10 million, and a secondary threshold increases from $3 million to $8 million. These thresholds determine the contract sizes above which federal agencies must use competitive bidding when awarding contracts to service-disabled veteran-owned businesses. The Federal Acquisition Regulatory Council and the Department of Defense must update federal acquisition regulations to implement these changes within 180 days of enactment. The new thresholds apply to federal solicitations issued 180 days or more after the bill's enactment.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
7 cosponsors
- Rep. Bacon, Don [R-NE-2] (R-NE)
- Rep. Bergman, Jack [R-MI-1] (R-MI)
- Rep. Gillen, Laura [D-NY-4] (D-NY)
- Rep. Harrigan, Pat [R-NC-10] (R-NC)
- Rep. Jackson, Ronny [R-TX-13] (R-TX)
- Rep. Neguse, Joe [D-CO-2] (D-CO)
- Rep. Nunn, Zachary [R-IA-3] (R-IA)
Actions (2)
- Dec 11, 2025 Referred to the House Committee on Small Business. · house
- Dec 11, 2025 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE HOUSE OF REPRESENTATIVES
December 11, 2025
Mrs. Kiggans of Virginia (for herself, Mr. Neguse, and Mr. Bacon) introduced the following bill; which was referred to the Committee on Small Business
A BILL
To amend the Small Business Act to adjust sole-source thresholds for service-disabled veteran-owned small business concerns, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Federal Acquisition Improvement and Reform Vets Act” or the “FAIR Vets Act”.
SEC. 2. MODERNIZATION OF SOLE-SOURCE THRESHOLDS FOR SERVICE-DISABLED VETERAN-OWNED SMALL BUSINESS CONCERNS.
(a) Amendments.—Section 36 of the Small Business Act (15 U.S.C. 657f) is amended—
(1) in subsection (c)(2), by striking “(including options)”;
(2) in subsection (c)(2)(A), by striking “$7,000,000” and inserting “$10,000,000”; and
(3) in subsection (c)(2)(B), by striking “$3,000,000” and inserting “$8,000,000”.
(b) Implementation.—Not later than 180 days after the date of enactment of this Act, the Federal Acquisition Regulatory Council shall amend the Federal Acquisition Regulation (including FAR 19.1406) and the Secretary of Defense shall amend the Defense Federal Acquisition Regulation Supplement to implement the amendments made by subsection
(a).
(c) Application.—The amendments made by this section shall apply to solicitations issued on or after the date that is 180 days after the date of enactment of this Act. <all>
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