Small Business Emergency Relief Act

Summary

Small Business Emergency Relief Act - Declares it to be the policy of Congress to provide relief to small business concerns which have fixed-price Government contracts where such concerns encounter performance difficulties because of the energy crisis or rapid and unexpected escalations of contract costs. Provides that pursuant to an application by a small business concern the head of any executive agency may terminate for the convenience of the Government any fixed-price contract between that agency and such small business concern upon a finding that specified cost difficulties are shown. Requires enumerated pieces of documentation to support any such request for relief by a small business concern, including a history of performance under the contract, statements of costs and profits, and balance sheets.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 9 December 1974

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.