PRIA Logo™
119-hr-6648119th CongressWALLET

FAIR Vets Act

Sponsored By: Representative Kiggans, Jennifer A. [R-VA-2]

Introduced

Summary

Raises sole‑source contract thresholds for Service‑Disabled Veteran‑Owned Small Businesses so these firms can win larger direct awards and the bill changes how contract options count toward those thresholds.

Show full summary
  • Service‑Disabled Veteran‑Owned Small Businesses would be eligible for higher sole‑source awards, with the relevant thresholds rising from $7 million to $10 million and from $3 million to $8 million, and the statute would remove the parenthetical phrase that affects how options are treated in threshold calculations.
  • Federal acquisition officials would have to update rules. The Federal Acquisition Regulatory Council and the Secretary of Defense must amend the Federal Acquisition Regulation and the Defense supplemental rules, with the revised thresholds applying to solicitations issued 180 days after enactment.

*Would not create new funding or require new appropriations.*

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Free to download

Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Bigger sole-source contracts for veterans

If enacted, this bill would raise the dollar limits for sole-source contracts given to service-disabled veteran-owned small businesses. One threshold would increase to $10 million and the other to $8 million. The bill would remove the phrase that counts option periods, so option years would not count toward those contract values. The Federal Acquisition Regulation and Defense FAR rules would have to be updated within 180 days, and the new thresholds would apply to solicitations issued 180 days after enactment. The change would not create new government spending; it would change how contracts are sized.

Sponsors & CoSponsors

Sponsor

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

VA • R

Cosponsors

  • Rep. Neguse, Joe [D-CO-2]

    CO • D

    Sponsored 12/11/2025

  • Rep. Bacon, Don [R-NE-2]

    NE • R

    Sponsored 12/11/2025

  • Rep. Gillen, Laura [D-NY-4]

    NY • D

    Sponsored 1/30/2026

  • Rep. Bergman, Jack [R-MI-1]

    MI • R

    Sponsored 2/4/2026

  • Rep. Nunn, Zachary [R-IA-3]

    IA • R

    Sponsored 2/10/2026

  • Rep. Harrigan, Pat [R-NC-10]

    NC • R

    Sponsored 2/20/2026

  • Rep. Jackson, Ronny [R-TX-13]

    TX • R

    Sponsored 3/9/2026

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
Back to Legislation