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HR7534119th CongressWALLET

Contract Our Veterans Act of 2026

Sponsored By: Representative Rep. Fine, Randy [R-FL-6]

Introduced

Summary

Contracting preferences for veteran‑owned small businesses. This bill would add a new Small Business Act provision (Section 36B) to let contracting officers offer sole‑source awards and restricted competitions to veteran‑owned small businesses when the firm is a responsible source and the price is fair and reasonable.

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  • Veteran‑owned small businesses would become eligible for direct contracting advantages, including sole‑source contracts above the simplified acquisition threshold and competitions restricted to veteran‑owned firms. Eligibility requires the veteran owner and firm to be listed in the specified veteran business database.
  • Federal contracting rules and programs would be updated to include the new 36B authority across scorecards, mentor‑protege programs, Offices of Small and Disadvantaged Business Utilization, and subcontracting protections for veteran‑owned subcontractors. Agencies would use 36B in offer consideration and commercial outreach roles.
  • Government‑wide procurement goals and reporting would add veterans explicitly and set a participation goal of not less than 5 percent of prime contract and subcontract dollars each fiscal year. Reporting would track awards by method, including sole‑source and restricted competitions.

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 3 benefits, 0 costs, 0 mixed.

New sole‑source and restricted contracting

This bill would create a new authority allowing contracting officers to award sole‑source contracts to veteran-owned small businesses when a firm is a responsible source and the expected price (including options) stays within the dollar limit in section 36(c)(2). It would also require competitions limited to veteran-owned small businesses when the officer reasonably expects two or more such firms will submit offers. Awards under this authority would still have to be at a fair and reasonable price and provide best value. To be eligible, both the small business and its veteran owner would have to be listed in the SBA database described in section 36(f)(1). The bill would define "contracting officer" by reference to 41 U.S.C. 2101.

Targeted 5% goal for veteran firms

This bill would set a governmentwide target that veteran-owned small businesses receive at least 5 percent of the total value of prime contracts and subcontracts each fiscal year. The target would apply across federal agencies and be tracked annually. The target would be aspirational and would not guarantee any specific award to an individual firm.

More SBA reporting and program updates

This bill would add veteran-owned small business references across SBA programs and expand agency reporting. Agencies would report awards to veteran-owned firms by categories such as aggregate awards; sole‑source awards; competitions limited to veteran-owned firms; unrestricted competition; and other specified procurement methods. The bill would also add veteran-owned metrics to the federal Scorecard, include veteran-owned concerns in 8(a) and Mentor‑Protege reporting, and amend subcontracting rules to clarify treatment of veteran-owned subcontractors.

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Sponsors & CoSponsors

Sponsor

Rep. Fine, Randy [R-FL-6]

FL • R

Cosponsors

  • Rep. Van Orden, Derrick [R-WI-3]

    WI • R

    Sponsored 2/12/2026

  • Donalds

    FL • R

    Sponsored 2/12/2026

  • Hunt

    TX • R

    Sponsored 2/12/2026

  • Rep. McCormick, Richard [R-GA-7]

    GA • R

    Sponsored 2/17/2026

  • Rep. Kiggans, Jennifer A. [R-VA-2]

    VA • R

    Sponsored 2/26/2026

  • Barr

    KY • R

    Sponsored 4/13/2026

  • Haridopolos

    FL • R

    Sponsored 4/16/2026

Roll Call Votes

No roll call votes available for this bill.

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