SMALL BUSINESS CONTRACTING PARITY.

SEC. 1347. SMALL BUSINESS CONTRACTING PARITY. (a) [15 U.S.C. 637 note] Definitions.—In this section— (1) the terms “Administration” and “Administrator” mean the Small Business Administration and the Administrator thereof, respectively; and (2) the terms “HUBZone small business concern”, “small business concern”, “small business concern owned and controlled by service-disabled veterans”, and “small business concern owned and controlled by women” have the same meanings as in section 3 of the Small Business Act (15 U.S.C. 632). (b) Contracting Improvements.— (1) Contracting opportunities.—Section 31(b)(2)(B) of the Small Business Act (15 U.S.C. 657a(b)(2)(B)) is amended by striking “shall” and inserting “may”. (2) Contracting goals.—Section 15(g)(1) of the Small Business Act (15 U.S.C. 644(g)(1)) is amended in the fourth sentence by inserting “and subcontract” after “not less than 3 percent of the total value of all prime contract”. (3) Mentor-protege programs.—The Administrator may establish mentor-protege programs for small business concerns owned and controlled by service-disabled veterans, small business concerns owned and controlled by women, and HUBZone small business concerns modeled on the mentor-protege program of the Administration for small business concerns participating in programs under section 8(a) of the Small Business Act (15 U.S.C. 637(a)). (c) Small Business Contracting Programs Parity.—Section 31(b)(2) of the Small Business Act (15 U.S.C. 657a(b)(2)) is amended— (1) in the matter preceding subparagraph (A), by striking “Notwithstanding any other provision of law—”; (2) in subparagraph (A)— (A) in the matter preceding clause (i), by striking “a contracting” and inserting “Sole source contracts.—A contracting”; and (B) in clause (iii), by striking the semicolon at the end and inserting a period; (3) in subparagraph (B)— (A) by striking “a contract opportunity shall” and inserting “Restricted competition.—A contract opportunity may”; and (B) by striking “; and” and inserting a period; and (4) in subparagraph (C), by striking “not later” and inserting “Appeals.—Not later”.