HR4615Referred to Committee

Small Business Payment for Performance Act of 2026

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-07-22
Introduced
15
Cosponsors
HR
ⓘ
Type

Sponsor

Pete Stauber
Pete Stauber
Republican · MN · Representative
Votes with party: 97.0% (662 recorded votes)

Full profile: /officials/S001212

Source: Congress.gov · FEC

Cosponsors (15)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Placed on the Union Calendar, Calendar No. 746.

2026-10-09

Source: Congress.gov

Committee Activity

Currently in

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Plain-English Summary

This bill would likely establish or modify how the federal government pays small businesses for work they do on government contracts, possibly by tying payments to meeting specific performance goals or deadlines. The changes could affect how quickly small contractors get paid and what standards they need to meet to receive full payment. Small business owners and federal agencies that work with contractors would be the main groups impacted by these payment rules.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Commerce

Full Bill Text

Verbatim text published on Congress.gov via GovInfo. Use Cmd+F / Ctrl+F to search within this excerpt.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 4615 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 4615 To amend the Small Business Act to provide interim partial payment to small business contractors that request an equitable adjustment due to a change in the terms of a construction contract, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES July 22, 2025 Mr. Stauber (for himself, Mr. Veasey, Mr. Fitzpatrick, and Mr. Norcross) introduced the following bill; which was referred to the Committee on Small Business _______________________________________________________________________ A BILL To amend the Small Business Act to provide interim partial payment to small business contractors that request an equitable adjustment due to a change in the terms of a construction contract, 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 ``Small Business Payment for Performance Act of 2025''. SEC. 2. EQUITABLE ADJUSTMENTS TO CONSTRUCTION CONTRACTS. (a) In General.--Section 15 of the Small Business Act (15 U.S.C. 644) is amended-- (1) by redesignating subsections (x) and (y) as subsections (y) and (z), respectively; and (2) by inserting after subsection (w) the following new subsection: ``(x) Interim Partial Payments for Equitable Adjustments to Construction Contracts.-- ``(1) Request for an equitable adjustment.--A small business concern that was awarded a construction contract by an agency may submit a request for an equitable adjustment to the contracting officer of such agency if the contracting officer directs a change in the terms of the contract performance without the agreement of the small business concern. Such request shall-- ``(A) be timely made pursuant to the terms of the contract; and ``(B) specify the estimated amount required to cover additional costs resulting from such change in the terms. ``(2) Amount.--Upon receipt of a request for equitable adjustment from a small business concern under paragraph (1), the agency shall provide to such concern an interim partial payment in an amount equal to not less than 50 percent of the estimated amount under paragraph (1)(B). ``(3) Limitation.--Any interim partial payment made under this section may not be deemed to be an action to definitize the request for an equitable adjustment. ``(4) Flow-down of interim partial payment amounts.--A small business concern that receives an equitable adjustment under this subsection shall pay to a first tier subcontractor of such concern the portion of each interim partial payment received that is attributable to the increased costs of performance incurred by such subcontractor due to the change in the terms of the contract performance described in paragraph (1). A first tier subcontractor that receives a portion of an interim partial payment under this section shall pay to a subcontractor (at any tier) the appropriate portion of such payment.''. (b) Implementation.--The Administrator of the Small Business Administration shall implement the requirements of this section not later than the earlier of the following dates: (1) The first day of the first full fiscal year beginning after the date of the enactment of this Act. (2) October 1, 2027. <all>
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