REPORTING.

SEC. 714. REPORTING. (a) Awards of $25,000 or Less.— During the term of the Small Business Competitiveness Demonstration Program, each award of $25,000 or less made by a participating agency for the procurement of a service in any of the designated industry categories shall be reported to the Federal Procurement Data Center in the same manner as if the purchase were in excess of $25,000. (b) Subcontracting Activity.— The Administrator for Federal Procurement Policy shall devise and implement, during the term of the Program, a simplified system to test the collection, reporting, and monitoring of data on subcontract awards to small business concerns and small business concerns owned and controlled by socially and economically disadvantaged individuals for— (1) services in each of the designated industry groups; and (2) products or services from industry categories selected for participation in the small business participation expansion program, pursuant to section 712(c). (c) Size of Small Business Concerns.— During the term of the Program, each participating agency shall collect data pertaining to the size of the small business concern receiving any award for the procurement of— (1) services in each of the designated industry groups; and (2) products or services from industry categories selected for participation in the small business participation expansion program, pursuant to section 712(d).