Rep. Subramanyam Bipartisan Small Business Bill Unanimously Passes the House
WASHINGTON, DC – U.S. Representative Suhas Subramanyam (VA-10)’s bipartisan bill, the Federal Improvement in Technology (FIT) Procurement Act (H.R. 4123), has unanimously passed the House of Representatives. It now heads to the U.S. Senate.
“In the fight for government efficiency, we have long needed modernized federal systems. By allowing federal agencies to move faster to purchase innovative technologies and not be delayed by outdated cost thresholds, we can encourage small businesses to contract with the government and save the government money. This is commonsense legislation, and I’m glad it unanimously passed the House,” said Congressman Subramanyam.
The bill, introduced with Congressman Eric Burlison (R-MO), will streamline federal procurement of technology, make it easier for small businesses to participate in federal contracting, and save millions in taxpayer dollars annually.
View the full bill text here.