legislation: 93-s-3619

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
93-s-3619 93 s 3619 Small Business Emergency Relief Act Commerce 1974-06-11 1974-10-10 Referred to House Committee on the Judiciary. Senate Sen. Hathaway, William D. [D-ME] ME D H000346 4 (LATEST SUMMARY) Small Business Emergency Relief Act - States that it is the policy of Congress to provide equitable relief to small business concerns which have fixed price Government contracts in cases where such concerns encounter significant unavoidable difficulties during performance because of the energy crisis or rapid and unexpected escalations of contract costs. Authorizes the head of any executive agency to terminate for the convenience of the Government any fixed-price contract between that agency and a small business concern upon a finding that (1) during the performance of the contract, the concern has experienced significant unanticipated cost increases directly affecting the cost of contract compliance; and (2) the conditions which have caused such cost increases were experienced generally by other small business concerns in the market at the same time and were not caused by negligence, underbidding, or other special management factors peculiar to that small business concern. Sets forth documentation required of small business concerns requesting relief under this Act. 2025-09-03T12:53:04Z  

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