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S. 938, Procurement Fraud Prevention Act 1 (September 13, 2017)

handle is hein.congrec/cbo3733 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE September 13, 2017 S. 938 Procurement Fraud Prevention Act As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on July 26, 2017 S. 938 would require the General Services Administration (GSA) in consultation with the Office of Management and Budget, to ensure that any direct communications with small businesses about providing goods and services to the federal government contain a notice that technical assistance from the federal government on the procurement process is available to small businesses at no cost. According to GSA and the Small Business Administration, many government websites already state that such assistance is available and there would be minimal administrative costs to expand those efforts. Thus, CBO estimates any additional costs to implement S. 938 would total less than $500,000 annually; such spending would be subject to the available of appropriated funds. Enacting S. 938 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting S. 938 would not increase direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. S. 938 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments. The CBO staff contact for this estimate is Matthew Pickford. This estimate was approved by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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