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H.R. 2781, Ensuring Veteran Enterprise Participation in Strategic Sourcing Act 1 (July 24, 2017)

handle is hein.congrec/cbo3728 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE July 24, 2017 H.R. 2781 Ensuring Veteran Enterprise Participation in Strategic Sourcing Act As ordered reported by the House Committee on Veterans' Affairs on July 19, 2017 H.R. 2781 would require the Department of Veterans Affairs (VA) to certify that a certain number of veteran-owned businesses are represented in each category of contracts awarded under the General Services Administration's (GSA's) Federal Strategic Sourcing Initiative (FSSI). In addition, a similar certification would be required for businesses owned by veterans who have service-connected disabilities. VA and GSA would be required to develop a plan to increase the number of such contracts or to stop awarding contracts under a particular category in the event that an insufficient number of contracts were awarded to veteran-owned businesses. On the basis of information from VA, CBO estimates that implementing H.R. 2781 would cost less than $500,000 for certifying contracts under the FSSI over the 2017-2022 period, subject to the availability of appropriations. CBO has no basis for determining if VA and GSA would stop awarding any contracts under the bill. Enacting H.R. 2781 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting H.R. 2781 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. H.R. 2781 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments. The CBO staff contact for this estimate is Dwayne M. Wright. The estimate was approved by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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