SPUR Act

# SPUR Act Summary **What the Bill Does** The Small Business Procurement and Utilization Reform Act (SPUR Act) requires federal agencies to track and report on their annual small business contracting scorecards how many first-time prime contracts go to specific groups of small businesses. These groups include companies owned by service-disabled veterans, businesses in economically disadvantaged areas (HUBZones), firms owned by socially and economically disadvantaged individuals, and women-owned businesses. **Who It Affects** The bill primarily affects federal agencies that award contracts and the small business owners in the targeted categories listed above.

By requiring better tracking and public reporting of contracting data, the bill aims to increase transparency and potentially improve opportunities for these underrepresented groups in federal procurement. **Current Status** The bill has already passed the House of Representatives and is now in the legislative process. If it becomes law, federal agencies would need to implement new reporting requirements on their annual scorecards, though the actual contracting processes and eligibility criteria for these small business categories would remain unchanged.