SMALL BUSINESS SET-ASIDE PROGRAM AMENDMENTS

SEC. 809. SMALL BUSINESS SET-ASIDE PROGRAM AMENDMENTS (a) Small Business Small Purchase Reserve Excluded from Annual Goals.—(1) Section 15(g) of the Small Business Act (15 U.S.C. 644(g)) is amended by inserting “having a value of $25,000 or more” after “procurement contracts of such agency” in the first sentence. Such amendment shall be in effect until September 30, 1988. (2) Such section is amended, effective October 1, 1988, by striking out “having a value of $25,000 or more” after “procurement contracts of such agency”. (b) Subcontracting Limitations.—(1) Section 15(o) of the Small Business Act (15 U.S.C. 644(o)) is amended by striking out “this subsection” and inserting in lieu thereof “subsection (a)”. (c) Repeal.—Section 15(p) of the Small Business Act (15 U.S.C. 644(p)) is repealed. (d) Initial Review of Size Standards.—Paragraph (3) of section 921(h) of the Defense Acquisition Improvement Act of 1986 (as contained in title IX of Public Law 99–661) is amended by striking out the second and third sentences and inserting in lieu thereof the following: “The Administrator shall publish proposed regulations, including any revised size standards, in the Federal Register by November 30, 1987, or the date of enactment of the National Defense Authorization Act for Fiscal Years 1988 and 1989, whichever is later. The proposed regulations shall provide not less than 60 days for public comment. The Administrator shall issue final regulations not later than May 31, 1988.”