Title 41, Public ContractsRelease 119-102

§1123 Small Business Concerns

Title 41 › Subtitle I — Federal Procurement Policy › CHAPTER 11 — ESTABLISHMENT OF OFFICE AND AUTHORITY AND FUNCTIONS OF ADMINISTRATOR › SUBCHAPTER II — AUTHORITY AND FUNCTIONS OF THE ADMINISTRATOR › § 1123

Last updated Aug 21, 2026|Official source

Summary

The Administrator must work with the Small Business Administration to study how changes to federal buying rules affect small businesses. They must also put simpler procedures into the updated rules for small businesses to use when bidding, doing contract work, and handling contract administration.

Full Legal Text

Title 41, §1123

Public Contracts, Source: USLM XML via OLRC

In formulating the Federal Acquisition Regulation and procedures to ensure compliance with the Regulation, the Administrator, in consultation with the Small Business Administration, shall—
(1)conduct analyses of the impact on small business concerns resulting from revised procurement regulations; and
(2)incorporate into revised procurement regulations simplified bidding, contract performance, and contract administration procedures for small business concerns.

Legislative History

Notes & Related Subsidiaries

Historical and Revision Notes

Revised SectionSource (U.S. Code)Source (Statutes at Large) 112341:405a (last sentence).Pub. L. 95–507, title II, § 222 (last sentence), Oct. 24, 1978, 92 Stat. 1771.

Reference

Citations & Metadata

Citation

41 U.S.C. § 1123

Title 41, Public Contracts

Last Updated

Aug 21, 2026

Release point: 119-102