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S. 2138, Small Business Subcontracting Transparency Act of 2015 1 (October 24, 2016)

handle is hein.congrec/cbo3246 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE October 24, 2016 S. 2138 Small Business Subcontracting Transparency Act of 2015 As reported by the Senate Committee on Small Business and Entrepreneurship on November 3, 2015 S. 2138 would authorize Small Business Administration (SBA) employees that review federal contracts to delay the acceptance of a subcontracting plan for up to 30 days if the plan fails to maximize the participation of small businesses. The bill also would require the SBA to issue regulations that provide guidance on how to comply with the requirement to maximize small business participation. CBO estimates that implementing S. 2138 would cost the SBA and other federal agencies $11 million over the 2017-2021 period. Such spending would be subject to the availability of appropriated funds. Based on an analysis of information from the SBA about the current review process for subcontracting plans, CBO estimates that implementing S. 2138 would require up to 18 additional SBA employees to undertake additional reviews of subcontracting plans from other federal agencies. After federal agencies have worked with the new review process for a few years, CBO expects the cost of implementing those reviews would decline significantly as agencies better accommodate small businesses into their subcontracting plans. CBO estimates that the additional work would cost $5 million over the 2017-2021 period. Implementing S. 2138 would require federal agencies to address weaknesses in subcontracting plans that could be subject to the proposed delays. On the basis of information from the SBA and the General Services Administration (GSA), CBO estimates that it would cost each of the 26 major federal agencies about $100,000 a year or a total of about $6 million over the 2017-2021 period to conduct more detailed reviews of subcontracting plans. CBO estimates that this spending would occur mainly in the first two years because the majority of delays and reviews would probably occur as contracting officers adapt to the new SBA standards. Enacting S. 2138 may change the behavior of contracting officers by encouraging them to select subcontracting plans they believe would be less likely to be subject to a delay imposed by the SBA. Those plans might have a higher or lower cost to the federal government than the plans they otherwise would select under current law. In 2015, the federal government spent $440 billion on contract awards. The costs or savings of selecting

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