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50 U.S.C. § 4551 — Small business

submitted 76 years ago by ch. 932 to r/title-50-WAR-AND-NATIONAL-DEFENSE · 193 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section gives small business concerns opportunities to take part in national-defense industrial and technology programs. It also requires prompt handling of their requests and a fair share of allocated materials when practicable.

(a) Participation Small business concerns must receive the maximum practicable opportunity to participate as contractors, and subcontractors at various tiers, in all programs to maintain and strengthen the Nation’s industrial base and technology base undertaken under this chapter.

(b) Administration of chapter In administering the programs, implementing regulations, policies, and procedures under this chapter, requests, applications, or appeals from small business concerns must, to the maximum extent practicable, be promptly handled.

(c) Advisory committee participation Representatives of small business concerns must be given the maximum opportunity to participate in those advisory committees as may be established under this chapter.

(d) Information Information about this chapter and activities undertaken under this chapter must be made available to small business concerns.

(e) Allocations under section 4511 Whenever the President makes a determination to exercise any authority to allocate any material under section 4511 of this title , small business concerns must be accorded, as far as practicable, a fair share of that material, in proportion to the share received by those business concerns under normal conditions, giving such special consideration as may be possible to emerging small business concerns.

the actual law source: uscode.house.gov ↗public domain
(a) Participation

Small business concerns shall be given the maximum practicable opportunity to participate as contractors, and subcontractors at various tiers, in all programs to maintain and strengthen the Nation’s industrial base and technology base undertaken pursuant to this chapter.

(b) Administration of chapter

In administering the programs, implementing regulations, policies, and procedures under this chapter, requests, applications, or appeals from small business concerns shall, to the maximum extent practicable, be expeditiously handled.

(c) Advisory committee participation

Representatives of small business concerns shall be afforded the maximum opportunity to participate in such advisory committees as may be established pursuant to this chapter.

(d) Information

Information about this chapter and activities undertaken in accordance with this chapter shall be made available to small business concerns.

(e) Allocations under section 4511

Whenever the President makes a determination to exercise any authority to allocate any material pursuant to section 4511 of this title, small business concerns shall be accorded, to the extent practicable, a fair share of such material, in proportion to the share received by such business concerns under normal conditions, giving such special consideration as may be possible to emerging small business concerns.

Source credit: (Sept. 8, 1950, ch. 932, title VII, § 701, 64 Stat. 815; July 31, 1951, ch. 275, title I, § 108, 65 Stat. 138; June 30, 1953, ch. 171, § 7, 67 Stat. 130; Aug. 9, 1955, ch. 655, §§ 4, 5, 69 Stat. 580; Pub. L. 96–294, title I, § 105(c), June 30, 1980, 94 Stat. 633; Pub. L. 102–558, title I, § 131, Oct. 28, 1992, 106 Stat. 4209.)

history & why it existsrecord from the source credit
  • 1950Enacted · Act of Sept. 8, 1950, ch. 932 · 64 Stat. 815
  • 1951Amended · Act of July 31, 1951, ch. 275 · 65 Stat. 138
  • 1953Amended · Act of June 30, 1953, ch. 171 · 67 Stat. 130
  • 1955Amended · Act of Aug. 9, 1955, ch. 655 · 69 Stat. 580
  • 1980Amended · Pub. L. 96-294 · 94 Stat. 633
  • 1992Amended · Pub. L. 102-558 · 106 Stat. 4209

A history note hasn’t been published yet. The record shows enactment by ch. 932 on 1950-09-08.

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