Title 41 — Public ContractsRelease 119-73not60
§1123 Small Business Concerns
Title 41 › Subtitle 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
Summary
When updating the Federal Acquisition Regulation, the Administrator must consult the Small Business Administration, study how changes affect small firms, and add simpler bidding and contract rules for them.
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
Apr 5, 2026
Release point: 119-73not60