<enum>I</enum><header>Small Business Administration</header> <section id="H1E7422D01DFE4CCABF5419B1C08542B7"><enum>101.</enum><header>Contract opportunities for small business concerns</header> <subsection id="H1C1D0CC253FC4FD0B8E777F02E3A53D5"><enum>(a)</enum><header>Definitions</header><text>In this section—</text> <paragraph id="H289F56E8935C43FA981BB85932A3EB8B"><enum>(1)</enum><text display-inline="yes-display-inline">the term <term>eligible contract</term> means any contract for the acquisition of goods or services that is in an amount (including options) of more than $3,000 and less than $500,000; and</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="H3B2054678F2248E1ADC4A099C5004828"><enum>(2)</enum><text>the term <term>small business concern</term> has the meaning given that term under section 3(a) of the Small Business Act (15 U.S.C. 632(a)).</text> </paragraph></subsection><subsection id="HDF153A8B20204D908E3D6BFA9A561D1F"><enum>(b)</enum><header>In general</header><text display-inline="yes-display-inline">Notwithstanding any other provision of law, a Federal department or agency shall, to the extent practicable, award to a small business concern each eligible contract let by the department or agency.</text> </subsection><subsection id="H381D852DE61A4563A4E2738A32611CD5"><enum>(c)</enum><header>Sole source contracts</header><text>A Federal department or agency may award an eligible contract as a sole source contract to a small business concern if at least 1 small business concern submits an offer with respect to the eligible contract.</text> </subsection><subsection id="HE8A649D407D6400D87810BCA18914353"><enum>(d)</enum><header>Award to small business not practicable</header> <paragraph id="HC29E3702365F40DD938629E7C48B5A1A"><enum>(1)</enum><header>In general</header><text>If a contracting officer of a Federal department or agency determines that awarding an eligible contract to a small business concern under subsection (b) is not practicable, the contracting officer shall make available to the Administrator of the Small Business Administration and the public—</text> <subparagraph id="H1F4C8C0016E040FF8F82986465B6EF26"><enum>(A)</enum><text>the determination and reasoning of such officer with respect to the eligible contract; and</text> </subparagraph><subparagraph id="H55EAB5D4B4864BFA95350F95E76764A1"><enum>(B)</enum><text>the name of each small business concern that submitted an offer with respect to the eligible contract.</text> </subparagraph></paragraph><paragraph id="H0EDB9891F6FC4813813E571E517C7C15"><enum>(2)</enum><header>Review</header><text>The Administrator of the Small Business Administration shall—</text> <subparagraph id="id487DB05B597245BD83FB6B9755A87B6B"><enum>(A)</enum><text>review each determination under paragraph (1); and</text> </subparagraph><subparagraph id="id3C91B32846284A9590F8609D0B56FF14"><enum>(B)</enum><text>if the Administrator determines it is appropriate, open the eligible contract opportunity for the submission of additional offers.</text> </subparagraph></paragraph></subsection></section><section id="HAF7B1A5612C9443AA4DDD6C1244BE07D"><enum>102.</enum><header>Enhancement of services to small businesses that are disadvantaged</header> <subsection id="id68DB45CC132F467792F12C51EC91F30F"><enum>(a)</enum><header>Net worth</header><text display-inline="yes-display-inline">Section 8(a)(6)(A) of the Small Business Act (15 U.S.C. 637(a)(6)(A)) is amended by inserting after <quote>disadvantaged individual.</quote> the following: <quote>For purposes of this section, an individual having a net worth of more than $1,500,000 is not economically disadvantaged.</quote>.</text> </subsection><subsection id="idA5C64EDA8E494FCB8C4162EC22049183"><enum>(b)</enum><header>Time limit on participation</header><text>Section 7(j)(15) of the Small Business Act (15 U.S.C. 636(j)(15)) is amended—</text> <paragraph id="id6C02D86FD45B4F19BD4F4770A93E5B90"><enum>(1)</enum><text>by redesignating subparagraphs (A) and (B) as clauses (i) and (ii), respectively;</text> </paragraph><paragraph id="id41FB608C8B0B4C68900EDB628D20EBA5"><enum>(2)</enum><text>by inserting <quote>(A)</quote> after <quote>(15)</quote>; and</text> </paragraph><paragraph id="id2230720E054A412CAF4CFD8E970F8D10"><enum>(3)</enum><text>by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="idECF42BFD63F64869BDB125C86E730676" style="OLC"> <subparagraph id="id8A68DB7D8555409097EE141777F03737" indent="up2"><enum>(B)</enum><text>No time limitation relating to the period that a small business concern may receive developmental assistance under the Program and contracts under section 8(a) shall apply to a small business concern that has not completed a contract under section 8(a).</text> </subparagraph><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></subsection></section><section id="H93B2FD8BB886470BA718272C977D666F"><enum>103.</enum><header>Surety bond guarantees</header> <subsection id="idE4F9E555E9904EBABF3482BC4BAFFEB9"><enum>(a)</enum><header>Maximum bond amount</header><text display-inline="yes-display-inline">Section 411(a)(1) of the Small Business Investment Act of 1958 (15 U.S.C. 694b(a)(1)) is amended by striking <quote>(1)</quote> and all that follows and inserting the following: “(1)(A) The Administration may, upon such terms and conditions as it may prescribe, guarantee and enter into commitments to guarantee any surety against loss resulting from a breach of the terms of a bid bond, payment bond, performance bond, or bonds ancillary thereto, by a principal on any total work order or contract amount at the time of bond execution that does not exceed $5,000,000.</text> <quoted-block display-inline="no-display-inline" id="idCB0E63F8C2854080B961304B8BA5A066" style="OLC"> <subparagraph id="ID0873837C0DCB4044BBCCC166AE70C116" indent="up2"><enum>(B)</enum><text>The Administrator may guarantee a surety under subparagraph (A) for a total work order or contract amount that does not exceed $10,000,000, if a contracting officer of a Federal agency certifies that such a guarantee is necessary.</text> </subparagraph><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="id9F60CCC91B954361B97F3F4C4054064A"><enum>(b)</enum><header>Denial of liability</header><text>Section 411 of the Small Business Investment Act of 1958 (15 U.S.C. 694b) is amended—</text> <paragraph id="ID0c2209c3a9984434be9fc7338cea8d6d"><enum>(1)</enum><text>by striking subsection (e) and inserting the following:</text> <quoted-block display-inline="no-display-inline" id="id9CC29505794A4725810B25F2E425302A" style="OLC"> <subsection id="id4F936073A9874700A28A4AD5180643A1"><enum>(e)</enum><header>Reimbursement of Surety; Conditions</header><text>Pursuant to any such guarantee or agreement, the Administration shall reimburse the surety, as provided in subsection (c) of this section, except that the Administration shall be relieved of liability (in whole or in part within the discretion of the Administration) if—</text> <paragraph id="IDBEFD6EC49EA745DD8737C030B68B8B6A"><enum>(1)</enum><text>the surety obtained such guarantee or agreement, or applied for such reimbursement, by fraud or material misrepresentation;</text> </paragraph><paragraph id="ID746EEF0BB9654FBB9B5311CFF44FE009"><enum>(2)</enum><text>the total contract amount at the time of execution of the bond or bonds exceeds $5,000,000;</text> </paragraph><paragraph id="IDD6BE4640FB284F4B86F3464564368F0F"><enum>(3)</enum><text>the surety has breached a material term or condition of such guarantee agreement; or</text> </paragraph><paragraph id="ID1442ECA649F04AB09C31090F767CC103"><enum>(4)</enum><text>the surety has substantially violated the regulations promulgated by the Administration pursuant to subsection (d).</text> </paragraph></subsection><after-quoted-block>; </after-quoted-block></quoted-block> </paragraph><paragraph id="idE845C41630F648EA98539A921B276FC4"><enum>(2)</enum><text>by striking subsection (k); and</text> </paragraph><paragraph id="idD2AB19F94D3349D99861787452E278AF"><enum>(3)</enum><text>by adding after subsection (i) the following:</text> <quoted-block display-inline="no-display-inline" id="id3EFC4619C91B4507AA926908F82062E0" style="OLC"> <subsection commented="no" display-inline="no-display-inline" id="ID4EA9196E60ED4D5380905B7840B925B8"><enum>(j)</enum><header>Denial of liability</header><text display-inline="yes-display-inline">For bonds made or executed with the prior approval of the Administration, the Administration shall not deny liability to a surety based upon material information that was provided as part of the guaranty application.</text> </subsection><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></subsection></section><section id="H8B3B00CFAE8A485C99B75C6C6056B881"><enum>104.</enum><header>Bundled contracts</header> <subsection id="H6B160EF95DEF4B1DBB10E89EBEAFB84C"><enum>(a)</enum><header>Definitions</header><text display-inline="yes-display-inline">Section 3(o) of the Small Business Act (15 U.S.C. 632(o)) is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="H821395FD44624D0A9050FB2FF2F0B872" style="OLC"> <subsection id="H07BF5F1C39A64368A544A7ABBB325A76"><enum>(o)</enum><header>Definitions of Bundling of Contract Requirements and Related Terms</header><text display-inline="yes-display-inline">In this Act:</text> <paragraph id="H1E45D0D129674B078186187C474945FB"><enum>(1)</enum><header>Bundled contract</header> <subparagraph id="H776085A2144F4E209171104B4898BC35"><enum>(A)</enum><header>In general</header><text display-inline="yes-display-inline">The term <term>bundled contract</term> means a contract or order that is entered into to meet procurement requirements that are consolidated in a bundling of contract requirements, without regard to how the procuring agency has designated the contract or order or whether a study of the effects of the solicitation on civilian or military personnel has been made.</text> </subparagraph><subparagraph id="H5AF181CD67234843AB7A83F4E6351F52"><enum>(B)</enum><header>Exceptions</header><text display-inline="yes-display-inline">The term does not include—</text> <clause id="H9ADAE85A92004AAAB56A86F6058007B3"><enum>(i)</enum><text display-inline="yes-display-inline">a contract or order with an aggregate dollar value below the dollar threshold; or</text> </clause><clause id="H2DD822482C2F4716955A61C84D336CDE"><enum>(ii)</enum><text display-inline="yes-display-inline">a contract or order that is entered into to meet an exempted requirement.</text> </clause></subparagraph></paragraph><paragraph id="HE555919E8ECF4D61AFFEDE7B761394AC"><enum>(2)</enum><header>Bundling of contract requirements</header> <subparagraph id="HD7593AB8BEEB496B96C6054D32A53E07"><enum>(A)</enum><header>In general</header><text display-inline="yes-display-inline">The term <term>bundling of contract requirements</term> means the use of any bundling methodology to satisfy 2 or more procurement requirements for goods or services previously supplied or performed under separate smaller contracts or orders, or to satisfy 2 or more procurement requirements for construction services of a type historically performed under separate smaller contracts or orders, that is likely to be unsuitable for award to a small business concern due to—</text> <clause id="H04217A61FBFB44A19E66F15F2C35A229"><enum>(i)</enum><text display-inline="yes-display-inline">the diversity, size, or specialized nature of the elements of the performance specified;</text> </clause><clause id="H0CBB1A6B507C410ABAF1F0148A5F4078"><enum>(ii)</enum><text display-inline="yes-display-inline">the aggregate dollar value of the anticipated award;</text> </clause><clause id="H1A567A627D8A4BB8B7FA5999DE50F698"><enum>(iii)</enum><text display-inline="yes-display-inline">the geographical dispersion of the contract or order performance sites; or</text> </clause><clause id="HF10E5AAF4BF140899E8EF0D0AA69F18F"><enum>(iv)</enum><text display-inline="yes-display-inline">any combination of the factors described in clauses (i), (ii), and (iii).</text> </clause></subparagraph><subparagraph id="H70E5ECB78D7340A29155205FE4FB2DF3"><enum>(B)</enum><header>Inclusion of new features or functions</header><text display-inline="yes-display-inline">A combination of contract requirements that would meet the definition of a bundling of contract requirements but for the addition of a procurement requirement with at least 1 new good or service shall be considered to be a bundling of contract requirements unless the new features or functions substantially transform the goods or services and will provide measurably substantial benefits to the Federal Government in terms of quality, performance, or price.</text> </subparagraph><subparagraph id="HFC84107BFCBD4D24A688750550414958"><enum>(C)</enum><header>Exceptions</header><text>The term <term>bundling of contract requirements</term> does not include—</text> <clause id="H01541554310A440AA11108DF867B7AB5"><enum>(i)</enum><text display-inline="yes-display-inline">the use of a bundling methodology for an anticipated award with an aggregate dollar value below the dollar threshold; or</text> </clause><clause id="H870272EDE380456ABA19FDCEBFECCFA4"><enum>(ii)</enum><text display-inline="yes-display-inline">the use of a bundling methodology to meet an exempted requirement.</text> </clause></subparagraph></paragraph><paragraph id="H9D9E2B99280E4780B0A0C44CDDC5CBC0"><enum>(3)</enum><header>Bundling methodology</header><text display-inline="yes-display-inline">The term <term>bundling methodology</term> means—</text> <subparagraph id="H0360C9279CF6481A88F04B17E2D1A19B"><enum>(A)</enum><text display-inline="yes-display-inline">a solicitation to obtain offers for a single contract or order, or a multiple award contract or order; or</text> </subparagraph><subparagraph id="HFEAB6A6CDC89411A883ACDCB08481624"><enum>(B)</enum><text display-inline="yes-display-inline">a solicitation of offers for the issuance of a task or a delivery order under an existing single or multiple award contract or order.</text> </subparagraph></paragraph><paragraph id="H603C3691BEA14D18B2D2B5CF26C2914F"><enum>(4)</enum><header>Separate smaller contract</header><text display-inline="yes-display-inline">The term <term>separate smaller contract</term>, with respect to bundling of contract requirements, means a contract or order that has been performed by 1 or more small business concerns or was suitable for award to 1 or more small business concerns.</text> </paragraph><paragraph id="H5A29326A98F942139DD64C7B981E8051"><enum>(5)</enum><header>Dollar threshold</header><text display-inline="yes-display-inline">The term <term>dollar threshold</term> means—</text> <subparagraph id="id9082EE2EAFE6435EB1DBE51FEDEE97DE"><enum>(A)</enum><text display-inline="yes-display-inline">$65,000,000, in the case of a contract or order that is solely for construction services; and</text> </subparagraph><subparagraph id="idF84C362D3EF3431F8702575404373327"><enum>(B)</enum><text display-inline="yes-display-inline">$5,000,000 for a contract or order not described in subparagraph (A).</text> </subparagraph></paragraph><paragraph id="HE29AA2E1362343DD842E7C12E710D8B1"><enum>(6)</enum><header>Exempted requirement</header><text display-inline="yes-display-inline">The term <term>exempted requirement</term> means a procurement requirement solely for items that are not commercial items (as the term <term>commercial item</term> is defined in section 103 of title 41, United States Code).</text> </paragraph><paragraph id="H2048534C78434BDDAD994B67B9D49A1A"><enum>(7)</enum><header>Procurement requirement</header><text display-inline="yes-display-inline">The term <term>procurement requirement</term> means a determination by a Federal agency that a specified good or service is needed to satisfy the mission of the Federal agency.</text> </paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="HCE20C0709F5A403E8BC8F7C3FD26862C"><enum>(b)</enum><header>Proposed procurement requirements</header><text display-inline="yes-display-inline">Section 15(a) of the Small Business Act (15 U.S.C. 644(a)) is amended—</text> <paragraph id="H0F4EB5045F94466DB74A9C64EB28EE54"><enum>(1)</enum><text display-inline="yes-display-inline">in the third sentence, by striking <quote>necessary and justified</quote> and inserting <quote>necessary and justified, and identifying information on the incumbent contract holders, a description of the industries that might be interested in bidding on the contract requirements, and the number of small businesses listed in the industry categories that could be excluded from future bidding if the contract is combined or packaged</quote>; and</text> </paragraph><paragraph id="H212BB851836546FBB83F01E5E80CC4C9"><enum>(2)</enum><text>by striking the sixth sentence and inserting the following: <quote>Whenever the Administration and the contracting procurement agency fail to agree, the Administrator may review the proposed procurement or delay the solicitation process for not more than 10 days to make recommendations, and the matter shall be submitted to the Director of the Office of Management and Budget to mediate the disagreement.</quote>.</text> </paragraph></subsection></section><section id="HA513CE1EE54443008CE85651BF62B8D2"><enum>105.</enum><header>Federal contracting goals</header> <subsection id="HB9E5183ADF614BE8AC8BC0A9A866FCC7"><enum>(a)</enum><header>Increase in certain goals</header><text display-inline="yes-display-inline">Section 15(g)(1) of the Small Business Act (15 U.S.C. 644(g)(1)) is amended—</text> <paragraph id="HAA8587389B6C42FAAEECDEF958BB8268"><enum>(1)</enum><text>by striking <quote>not less than 23 percent</quote> and inserting <quote>not less than 25 percent</quote>; and</text> </paragraph><paragraph id="H499A15818B184DCDB3C779695B7A601D"><enum>(2)</enum><text>by striking <quote>not less than 5 percent</quote> each place it appears and inserting <quote>not less than 10 percent</quote>.</text> </paragraph></subsection><subsection id="H2AE42DAC0DE741CCAA8173866BB3E7D3"><enum>(b)</enum><header>Limitation on number of categories for which a business may qualify</header><text>Section 15(g) of the Small Business Act (15 U.S.C. 644(g)) is amended by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="HC53ECBAE72E5461DAF12400C7DA2BB44" style="OLC"> <paragraph id="HDBADF27F6EB440A386DEF534A4DCC7C0" indent="up1"><enum>(3)</enum><text display-inline="yes-display-inline">A Federal agency may not include a business concern in more than 2 specified categories for purposes of determining whether the Federal agency has met the Government-wide goals under this subsection for the award of contracts to business concerns in specified categories. In this paragraph, the term <term>specified category</term> means small business concerns, small business concerns owned and controlled by service-disabled veterans, qualified HUBZone small business concerns, small business concerns owned and controlled by socially and economically disadvantaged individuals, and small business concerns owned and controlled by women.</text> </paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </subsection></section><section id="HF974FBE1C6FA4BBE8082335E39741D07"><enum>106.</enum><header>Implementation of subcontracting plans</header><text display-inline="no-display-inline">Section 8(d) of the Small Business Act (15 U.S.C. 637(d)) is amended by adding at the end the following:</text> <quoted-block id="HF78C180DB99C4C58831D43BCCE73277B"> <paragraph id="H95874AB1E1744FEAB5289CD20FF9C6B8" indent="up1"><enum>(13)</enum><text>In the case of any contract containing a subcontracting plan included pursuant to paragraph (4) or (5)—</text> <subparagraph id="H952011B4865443BBA7D3B373AF5F2CF4"><enum>(A)</enum><text>the Federal agency awarding the contract shall include in the contract a clause providing that, if the contractor does not achieve the percentage goal for the utilization of small business concerns owned and controlled by socially and economically disadvantaged individuals as set forth in the subcontracting plan, the Federal agency shall withhold not less than—</text> <clause id="id7CD7A3B8A8504BD48B9D67AB8E470E12"><enum>(i)</enum><text>$5,000, if the contract amount is not more than $100,000;</text> </clause><clause id="id49E7D25A4709470688652294A95D6575"><enum>(ii)</enum><text>3 percent of the contract amount, if the contract amount is more than $100,000 and not more than $5,000,000; and</text> </clause><clause id="id142EB204F5184B65AF4033D88A070986"><enum>(iii)</enum><text>5 percent of the contract amount, if the contract amount is more than $5,000,000; and</text> </clause></subparagraph><subparagraph id="HA5EC2F57411F457DAEA716E34CC7373F"><enum>(B)</enum><text>the Federal agency awarding the contract shall require the contractor to provide written justification to the agency whenever the contractor, in performing the contract, does not enter into a subcontract with, or substitutes another subcontractor for, a specific small business concern identified in the subcontracting plan.</text> </subparagraph></paragraph><paragraph id="H09436649E95845F7B1C32A5822D63664" indent="up1"><enum>(14)</enum><text>The Administration shall establish a telephone line or other electronic means of communication through which a small business concern identified in a subcontracting plan by an offeror or bidder may communicate to the Administration any concerns regarding major deviations by prime contractors from the use of small business concerns as subcontractors under the prime contract as described in the subcontracting plan.</text> </paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </section><section id="H0C9037ADB98A4C9AA829E011D048072B"><enum>107.</enum><header>Requirement to consider use of small business concerns owned and controlled by socially and economically disadvantaged individuals when considering past compliance with subcontracting plans</header><text display-inline="no-display-inline">Section 8(d) of the Small Business Act (15 U.S.C. 637(d)) is amended—</text> <paragraph id="id4B8688AFA3BA427DAE62C153DA250231"><enum>(1)</enum><text display-inline="yes-display-inline">in paragraph (4)(C), in the second sentence, by inserting <quote>, especially compliance with the goal set forth in such plans for the utilization of small business concerns owned and controlled by socially and economically disadvantaged individuals,</quote> after <quote>other such subcontracting plans</quote>; and</text> </paragraph><paragraph id="id8FAF70C25C814806A14759559995A297"><enum>(2)</enum><text>in paragraph (5)(B), in the second sentence, by inserting <quote>, especially compliance with the goal set forth in such plans for the utilization of small business concerns owned and controlled by socially and economically disadvantaged individuals,</quote> after <quote>other such subcontracting plans</quote>.</text> </paragraph></section>

Short title

This Act may be cited as the

Expanding Opportunities for Main Street Act of 2011

<enum>I</enum><header>Small Business Administration</header> <section id="H1E7422D01DFE4CCABF5419B1C08542B7"><enum>101.</enum><header>Contract opportunities for small business concerns</header> <subsection id="H1C1D0CC253FC4FD0B8E777F02E3A53D5"><enum>(a)</enum><header>Definitions</header><text>In this section—</text> <paragraph id="H289F56E8935C43FA981BB85932A3EB8B"><enum>(1)</enum><text display-inline="yes-display-inline">the term <term>eligible contract</term> means any contract for the acquisition of goods or services that is in an amount (including options) of more than $3,000 and less than $500,000; and</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="H3B2054678F2248E1ADC4A099C5004828"><enum>(2)</enum><text>the term <term>small business concern</term> has the meaning given that term under section 3(a) of the Small Business Act (15 U.S.C. 632(a)).</text> </paragraph></subsection><subsection id="HDF153A8B20204D908E3D6BFA9A561D1F"><enum>(b)</enum><header>In general</header><text display-inline="yes-display-inline">Notwithstanding any other provision of law, a Federal department or agency shall, to the extent practicable, award to a small business concern each eligible contract let by the department or agency.</text> </subsection><subsection id="H381D852DE61A4563A4E2738A32611CD5"><enum>(c)</enum><header>Sole source contracts</header><text>A Federal department or agency may award an eligible contract as a sole source contract to a small business concern if at least 1 small business concern submits an offer with respect to the eligible contract.</text> </subsection><subsection id="HE8A649D407D6400D87810BCA18914353"><enum>(d)</enum><header>Award to small business not practicable</header> <paragraph id="HC29E3702365F40DD938629E7C48B5A1A"><enum>(1)</enum><header>In general</header><text>If a contracting officer of a Federal department or agency determines that awarding an eligible contract to a small business concern under subsection (b) is not practicable, the contracting officer shall make available to the Administrator of the Small Business Administration and the public—</text> <subparagraph id="H1F4C8C0016E040FF8F82986465B6EF26"><enum>(A)</enum><text>the determination and reasoning of such officer with respect to the eligible contract; and</text> </subparagraph><subparagraph id="H55EAB5D4B4864BFA95350F95E76764A1"><enum>(B)</enum><text>the name of each small business concern that submitted an offer with respect to the eligible contract.</text> </subparagraph></paragraph><paragraph id="H0EDB9891F6FC4813813E571E517C7C15"><enum>(2)</enum><header>Review</header><text>The Administrator of the Small Business Administration shall—</text> <subparagraph id="id487DB05B597245BD83FB6B9755A87B6B"><enum>(A)</enum><text>review each determination under paragraph (1); and</text> </subparagraph><subparagraph id="id3C91B32846284A9590F8609D0B56FF14"><enum>(B)</enum><text>if the Administrator determines it is appropriate, open the eligible contract opportunity for the submission of additional offers.</text> </subparagraph></paragraph></subsection></section><section id="HAF7B1A5612C9443AA4DDD6C1244BE07D"><enum>102.</enum><header>Enhancement of services to small businesses that are disadvantaged</header> <subsection id="id68DB45CC132F467792F12C51EC91F30F"><enum>(a)</enum><header>Net worth</header><text display-inline="yes-display-inline">Section 8(a)(6)(A) of the Small Business Act (15 U.S.C. 637(a)(6)(A)) is amended by inserting after <quote>disadvantaged individual.</quote> the following: <quote>For purposes of this section, an individual having a net worth of more than $1,500,000 is not economically disadvantaged.</quote>.</text> </subsection><subsection id="idA5C64EDA8E494FCB8C4162EC22049183"><enum>(b)</enum><header>Time limit on participation</header><text>Section 7(j)(15) of the Small Business Act (15 U.S.C. 636(j)(15)) is amended—</text> <paragraph id="id6C02D86FD45B4F19BD4F4770A93E5B90"><enum>(1)</enum><text>by redesignating subparagraphs (A) and (B) as clauses (i) and (ii), respectively;</text> </paragraph><paragraph id="id41FB608C8B0B4C68900EDB628D20EBA5"><enum>(2)</enum><text>by inserting <quote>(A)</quote> after <quote>(15)</quote>; and</text> </paragraph><paragraph id="id2230720E054A412CAF4CFD8E970F8D10"><enum>(3)</enum><text>by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="idECF42BFD63F64869BDB125C86E730676" style="OLC"> <subparagraph id="id8A68DB7D8555409097EE141777F03737" indent="up2"><enum>(B)</enum><text>No time limitation relating to the period that a small business concern may receive developmental assistance under the Program and contracts under section 8(a) shall apply to a small business concern that has not completed a contract under section 8(a).</text> </subparagraph><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></subsection></section><section id="H93B2FD8BB886470BA718272C977D666F"><enum>103.</enum><header>Surety bond guarantees</header> <subsection id="idE4F9E555E9904EBABF3482BC4BAFFEB9"><enum>(a)</enum><header>Maximum bond amount</header><text display-inline="yes-display-inline">Section 411(a)(1) of the Small Business Investment Act of 1958 (15 U.S.C. 694b(a)(1)) is amended by striking <quote>(1)</quote> and all that follows and inserting the following: “(1)(A) The Administration may, upon such terms and conditions as it may prescribe, guarantee and enter into commitments to guarantee any surety against loss resulting from a breach of the terms of a bid bond, payment bond, performance bond, or bonds ancillary thereto, by a principal on any total work order or contract amount at the time of bond execution that does not exceed $5,000,000.</text> <quoted-block display-inline="no-display-inline" id="idCB0E63F8C2854080B961304B8BA5A066" style="OLC"> <subparagraph id="ID0873837C0DCB4044BBCCC166AE70C116" indent="up2"><enum>(B)</enum><text>The Administrator may guarantee a surety under subparagraph (A) for a total work order or contract amount that does not exceed $10,000,000, if a contracting officer of a Federal agency certifies that such a guarantee is necessary.</text> </subparagraph><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="id9F60CCC91B954361B97F3F4C4054064A"><enum>(b)</enum><header>Denial of liability</header><text>Section 411 of the Small Business Investment Act of 1958 (15 U.S.C. 694b) is amended—</text> <paragraph id="ID0c2209c3a9984434be9fc7338cea8d6d"><enum>(1)</enum><text>by striking subsection (e) and inserting the following:</text> <quoted-block display-inline="no-display-inline" id="id9CC29505794A4725810B25F2E425302A" style="OLC"> <subsection id="id4F936073A9874700A28A4AD5180643A1"><enum>(e)</enum><header>Reimbursement of Surety; Conditions</header><text>Pursuant to any such guarantee or agreement, the Administration shall reimburse the surety, as provided in subsection (c) of this section, except that the Administration shall be relieved of liability (in whole or in part within the discretion of the Administration) if—</text> <paragraph id="IDBEFD6EC49EA745DD8737C030B68B8B6A"><enum>(1)</enum><text>the surety obtained such guarantee or agreement, or applied for such reimbursement, by fraud or material misrepresentation;</text> </paragraph><paragraph id="ID746EEF0BB9654FBB9B5311CFF44FE009"><enum>(2)</enum><text>the total contract amount at the time of execution of the bond or bonds exceeds $5,000,000;</text> </paragraph><paragraph id="IDD6BE4640FB284F4B86F3464564368F0F"><enum>(3)</enum><text>the surety has breached a material term or condition of such guarantee agreement; or</text> </paragraph><paragraph id="ID1442ECA649F04AB09C31090F767CC103"><enum>(4)</enum><text>the surety has substantially violated the regulations promulgated by the Administration pursuant to subsection (d).</text> </paragraph></subsection><after-quoted-block>; </after-quoted-block></quoted-block> </paragraph><paragraph id="idE845C41630F648EA98539A921B276FC4"><enum>(2)</enum><text>by striking subsection (k); and</text> </paragraph><paragraph id="idD2AB19F94D3349D99861787452E278AF"><enum>(3)</enum><text>by adding after subsection (i) the following:</text> <quoted-block display-inline="no-display-inline" id="id3EFC4619C91B4507AA926908F82062E0" style="OLC"> <subsection commented="no" display-inline="no-display-inline" id="ID4EA9196E60ED4D5380905B7840B925B8"><enum>(j)</enum><header>Denial of liability</header><text display-inline="yes-display-inline">For bonds made or executed with the prior approval of the Administration, the Administration shall not deny liability to a surety based upon material information that was provided as part of the guaranty application.</text> </subsection><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></subsection></section><section id="H8B3B00CFAE8A485C99B75C6C6056B881"><enum>104.</enum><header>Bundled contracts</header> <subsection id="H6B160EF95DEF4B1DBB10E89EBEAFB84C"><enum>(a)</enum><header>Definitions</header><text display-inline="yes-display-inline">Section 3(o) of the Small Business Act (15 U.S.C. 632(o)) is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="H821395FD44624D0A9050FB2FF2F0B872" style="OLC"> <subsection id="H07BF5F1C39A64368A544A7ABBB325A76"><enum>(o)</enum><header>Definitions of Bundling of Contract Requirements and Related Terms</header><text display-inline="yes-display-inline">In this Act:</text> <paragraph id="H1E45D0D129674B078186187C474945FB"><enum>(1)</enum><header>Bundled contract</header> <subparagraph id="H776085A2144F4E209171104B4898BC35"><enum>(A)</enum><header>In general</header><text display-inline="yes-display-inline">The term <term>bundled contract</term> means a contract or order that is entered into to meet procurement requirements that are consolidated in a bundling of contract requirements, without regard to how the procuring agency has designated the contract or order or whether a study of the effects of the solicitation on civilian or military personnel has been made.</text> </subparagraph><subparagraph id="H5AF181CD67234843AB7A83F4E6351F52"><enum>(B)</enum><header>Exceptions</header><text display-inline="yes-display-inline">The term does not include—</text> <clause id="H9ADAE85A92004AAAB56A86F6058007B3"><enum>(i)</enum><text display-inline="yes-display-inline">a contract or order with an aggregate dollar value below the dollar threshold; or</text> </clause><clause id="H2DD822482C2F4716955A61C84D336CDE"><enum>(ii)</enum><text display-inline="yes-display-inline">a contract or order that is entered into to meet an exempted requirement.</text> </clause></subparagraph></paragraph><paragraph id="HE555919E8ECF4D61AFFEDE7B761394AC"><enum>(2)</enum><header>Bundling of contract requirements</header> <subparagraph id="HD7593AB8BEEB496B96C6054D32A53E07"><enum>(A)</enum><header>In general</header><text display-inline="yes-display-inline">The term <term>bundling of contract requirements</term> means the use of any bundling methodology to satisfy 2 or more procurement requirements for goods or services previously supplied or performed under separate smaller contracts or orders, or to satisfy 2 or more procurement requirements for construction services of a type historically performed under separate smaller contracts or orders, that is likely to be unsuitable for award to a small business concern due to—</text> <clause id="H04217A61FBFB44A19E66F15F2C35A229"><enum>(i)</enum><text display-inline="yes-display-inline">the diversity, size, or specialized nature of the elements of the performance specified;</text> </clause><clause id="H0CBB1A6B507C410ABAF1F0148A5F4078"><enum>(ii)</enum><text display-inline="yes-display-inline">the aggregate dollar value of the anticipated award;</text> </clause><clause id="H1A567A627D8A4BB8B7FA5999DE50F698"><enum>(iii)</enum><text display-inline="yes-display-inline">the geographical dispersion of the contract or order performance sites; or</text> </clause><clause id="HF10E5AAF4BF140899E8EF0D0AA69F18F"><enum>(iv)</enum><text display-inline="yes-display-inline">any combination of the factors described in clauses (i), (ii), and (iii).</text> </clause></subparagraph><subparagraph id="H70E5ECB78D7340A29155205FE4FB2DF3"><enum>(B)</enum><header>Inclusion of new features or functions</header><text display-inline="yes-display-inline">A combination of contract requirements that would meet the definition of a bundling of contract requirements but for the addition of a procurement requirement with at least 1 new good or service shall be considered to be a bundling of contract requirements unless the new features or functions substantially transform the goods or services and will provide measurably substantial benefits to the Federal Government in terms of quality, performance, or price.</text> </subparagraph><subparagraph id="HFC84107BFCBD4D24A688750550414958"><enum>(C)</enum><header>Exceptions</header><text>The term <term>bundling of contract requirements</term> does not include—</text> <clause id="H01541554310A440AA11108DF867B7AB5"><enum>(i)</enum><text display-inline="yes-display-inline">the use of a bundling methodology for an anticipated award with an aggregate dollar value below the dollar threshold; or</text> </clause><clause id="H870272EDE380456ABA19FDCEBFECCFA4"><enum>(ii)</enum><text display-inline="yes-display-inline">the use of a bundling methodology to meet an exempted requirement.</text> </clause></subparagraph></paragraph><paragraph id="H9D9E2B99280E4780B0A0C44CDDC5CBC0"><enum>(3)</enum><header>Bundling methodology</header><text display-inline="yes-display-inline">The term <term>bundling methodology</term> means—</text> <subparagraph id="H0360C9279CF6481A88F04B17E2D1A19B"><enum>(A)</enum><text display-inline="yes-display-inline">a solicitation to obtain offers for a single contract or order, or a multiple award contract or order; or</text> </subparagraph><subparagraph id="HFEAB6A6CDC89411A883ACDCB08481624"><enum>(B)</enum><text display-inline="yes-display-inline">a solicitation of offers for the issuance of a task or a delivery order under an existing single or multiple award contract or order.</text> </subparagraph></paragraph><paragraph id="H603C3691BEA14D18B2D2B5CF26C2914F"><enum>(4)</enum><header>Separate smaller contract</header><text display-inline="yes-display-inline">The term <term>separate smaller contract</term>, with respect to bundling of contract requirements, means a contract or order that has been performed by 1 or more small business concerns or was suitable for award to 1 or more small business concerns.</text> </paragraph><paragraph id="H5A29326A98F942139DD64C7B981E8051"><enum>(5)</enum><header>Dollar threshold</header><text display-inline="yes-display-inline">The term <term>dollar threshold</term> means—</text> <subparagraph id="id9082EE2EAFE6435EB1DBE51FEDEE97DE"><enum>(A)</enum><text display-inline="yes-display-inline">$65,000,000, in the case of a contract or order that is solely for construction services; and</text> </subparagraph><subparagraph id="idF84C362D3EF3431F8702575404373327"><enum>(B)</enum><text display-inline="yes-display-inline">$5,000,000 for a contract or order not described in subparagraph (A).</text> </subparagraph></paragraph><paragraph id="HE29AA2E1362343DD842E7C12E710D8B1"><enum>(6)</enum><header>Exempted requirement</header><text display-inline="yes-display-inline">The term <term>exempted requirement</term> means a procurement requirement solely for items that are not commercial items (as the term <term>commercial item</term> is defined in section 103 of title 41, United States Code).</text> </paragraph><paragraph id="H2048534C78434BDDAD994B67B9D49A1A"><enum>(7)</enum><header>Procurement requirement</header><text display-inline="yes-display-inline">The term <term>procurement requirement</term> means a determination by a Federal agency that a specified good or service is needed to satisfy the mission of the Federal agency.</text> </paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="HCE20C0709F5A403E8BC8F7C3FD26862C"><enum>(b)</enum><header>Proposed procurement requirements</header><text display-inline="yes-display-inline">Section 15(a) of the Small Business Act (15 U.S.C. 644(a)) is amended—</text> <paragraph id="H0F4EB5045F94466DB74A9C64EB28EE54"><enum>(1)</enum><text display-inline="yes-display-inline">in the third sentence, by striking <quote>necessary and justified</quote> and inserting <quote>necessary and justified, and identifying information on the incumbent contract holders, a description of the industries that might be interested in bidding on the contract requirements, and the number of small businesses listed in the industry categories that could be excluded from future bidding if the contract is combined or packaged</quote>; and</text> </paragraph><paragraph id="H212BB851836546FBB83F01E5E80CC4C9"><enum>(2)</enum><text>by striking the sixth sentence and inserting the following: <quote>Whenever the Administration and the contracting procurement agency fail to agree, the Administrator may review the proposed procurement or delay the solicitation process for not more than 10 days to make recommendations, and the matter shall be submitted to the Director of the Office of Management and Budget to mediate the disagreement.</quote>.</text> </paragraph></subsection></section><section id="HA513CE1EE54443008CE85651BF62B8D2"><enum>105.</enum><header>Federal contracting goals</header> <subsection id="HB9E5183ADF614BE8AC8BC0A9A866FCC7"><enum>(a)</enum><header>Increase in certain goals</header><text display-inline="yes-display-inline">Section 15(g)(1) of the Small Business Act (15 U.S.C. 644(g)(1)) is amended—</text> <paragraph id="HAA8587389B6C42FAAEECDEF958BB8268"><enum>(1)</enum><text>by striking <quote>not less than 23 percent</quote> and inserting <quote>not less than 25 percent</quote>; and</text> </paragraph><paragraph id="H499A15818B184DCDB3C779695B7A601D"><enum>(2)</enum><text>by striking <quote>not less than 5 percent</quote> each place it appears and inserting <quote>not less than 10 percent</quote>.</text> </paragraph></subsection><subsection id="H2AE42DAC0DE741CCAA8173866BB3E7D3"><enum>(b)</enum><header>Limitation on number of categories for which a business may qualify</header><text>Section 15(g) of the Small Business Act (15 U.S.C. 644(g)) is amended by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="HC53ECBAE72E5461DAF12400C7DA2BB44" style="OLC"> <paragraph id="HDBADF27F6EB440A386DEF534A4DCC7C0" indent="up1"><enum>(3)</enum><text display-inline="yes-display-inline">A Federal agency may not include a business concern in more than 2 specified categories for purposes of determining whether the Federal agency has met the Government-wide goals under this subsection for the award of contracts to business concerns in specified categories. In this paragraph, the term <term>specified category</term> means small business concerns, small business concerns owned and controlled by service-disabled veterans, qualified HUBZone small business concerns, small business concerns owned and controlled by socially and economically disadvantaged individuals, and small business concerns owned and controlled by women.</text> </paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </subsection></section><section id="HF974FBE1C6FA4BBE8082335E39741D07"><enum>106.</enum><header>Implementation of subcontracting plans</header><text display-inline="no-display-inline">Section 8(d) of the Small Business Act (15 U.S.C. 637(d)) is amended by adding at the end the following:</text> <quoted-block id="HF78C180DB99C4C58831D43BCCE73277B"> <paragraph id="H95874AB1E1744FEAB5289CD20FF9C6B8" indent="up1"><enum>(13)</enum><text>In the case of any contract containing a subcontracting plan included pursuant to paragraph (4) or (5)—</text> <subparagraph id="H952011B4865443BBA7D3B373AF5F2CF4"><enum>(A)</enum><text>the Federal agency awarding the contract shall include in the contract a clause providing that, if the contractor does not achieve the percentage goal for the utilization of small business concerns owned and controlled by socially and economically disadvantaged individuals as set forth in the subcontracting plan, the Federal agency shall withhold not less than—</text> <clause id="id7CD7A3B8A8504BD48B9D67AB8E470E12"><enum>(i)</enum><text>$5,000, if the contract amount is not more than $100,000;</text> </clause><clause id="id49E7D25A4709470688652294A95D6575"><enum>(ii)</enum><text>3 percent of the contract amount, if the contract amount is more than $100,000 and not more than $5,000,000; and</text> </clause><clause id="id142EB204F5184B65AF4033D88A070986"><enum>(iii)</enum><text>5 percent of the contract amount, if the contract amount is more than $5,000,000; and</text> </clause></subparagraph><subparagraph id="HA5EC2F57411F457DAEA716E34CC7373F"><enum>(B)</enum><text>the Federal agency awarding the contract shall require the contractor to provide written justification to the agency whenever the contractor, in performing the contract, does not enter into a subcontract with, or substitutes another subcontractor for, a specific small business concern identified in the subcontracting plan.</text> </subparagraph></paragraph><paragraph id="H09436649E95845F7B1C32A5822D63664" indent="up1"><enum>(14)</enum><text>The Administration shall establish a telephone line or other electronic means of communication through which a small business concern identified in a subcontracting plan by an offeror or bidder may communicate to the Administration any concerns regarding major deviations by prime contractors from the use of small business concerns as subcontractors under the prime contract as described in the subcontracting plan.</text> </paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </section><section id="H0C9037ADB98A4C9AA829E011D048072B"><enum>107.</enum><header>Requirement to consider use of small business concerns owned and controlled by socially and economically disadvantaged individuals when considering past compliance with subcontracting plans</header><text display-inline="no-display-inline">Section 8(d) of the Small Business Act (15 U.S.C. 637(d)) is amended—</text> <paragraph id="id4B8688AFA3BA427DAE62C153DA250231"><enum>(1)</enum><text display-inline="yes-display-inline">in paragraph (4)(C), in the second sentence, by inserting <quote>, especially compliance with the goal set forth in such plans for the utilization of small business concerns owned and controlled by socially and economically disadvantaged individuals,</quote> after <quote>other such subcontracting plans</quote>; and</text> </paragraph><paragraph id="id8FAF70C25C814806A14759559995A297"><enum>(2)</enum><text>in paragraph (5)(B), in the second sentence, by inserting <quote>, especially compliance with the goal set forth in such plans for the utilization of small business concerns owned and controlled by socially and economically disadvantaged individuals,</quote> after <quote>other such subcontracting plans</quote>.</text> </paragraph></section><enum>II</enum><header>Minority Business Development Agency</header> <section id="H3EEB8857C2364F0D878FBD5324D61D8D"><enum>201.</enum><header>Definitions</header><text display-inline="no-display-inline">In this title:</text> <paragraph id="HE4499948425046A5A371D23E346A7248"><enum>(1)</enum><header>Historically disadvantaged individual</header><text>The term <term>historically disadvantaged individual</term> means any individual who is a member of a group that is designated as eligible to receive assistance under section 1400.1 of title 15, Code of Federal Regulations, as in effect on January 1, 2009.</text> </paragraph><paragraph id="H1B9EE32CA92C4F96B3E3386AE2867CD6"><enum>(2)</enum><header>Principal</header><text>The term <term>principal</term> means any person that the Director determines to exercise significant control over the regular operations of a business entity.</text> </paragraph><paragraph id="id5B73B07999AB48B4B0AFE44D2020327F"><enum>(3)</enum><header>Program</header><text>The term <term>Program</term> means the Minority Business Development Program established under section 202.</text> </paragraph></section><section id="HA96984646F904DEE8054F7844A6783A3"><enum>202.</enum><header>Minority Business Development Program</header><text display-inline="no-display-inline">The National Director of the Minority Business Development Agency shall establish the Minority Business Development Program to assist qualified minority businesses. The Program shall provide to such businesses the following:</text> <paragraph id="H1DBA0EC8F37C46D983E5044CB0B98FBE"><enum>(1)</enum><text>Technical assistance under section 204.</text> </paragraph><paragraph id="H8086462BCF6B4D8A927B0A50E132089D"><enum>(2)</enum><text>Loan guarantees under section 205.</text> </paragraph><paragraph commented="no" id="H8D6FC020F0634FA09C1A91A5A7C4497A"><enum>(3)</enum><text>Contract procurement assistance under section 206.</text> </paragraph></section><section id="HE681BC3D0AD14E639A65C0F1F152B797"><enum>203.</enum><header>Qualified minority business</header> <subsection id="HF572FDA6D3D34062A317E9616983E1BB"><enum>(a)</enum><header>Certification</header><text>For purposes of the Program, the National Director of the Minority Business Development Agency may certify as a qualified minority business any entity that satisfies each of the following:</text> <paragraph id="H5228BC9A53AD4158B5B8B230D5E48B55"><enum>(1)</enum><text>Not less than 51 percent of the entity is directly and unconditionally owned or controlled by historically disadvantaged individuals.</text> </paragraph><paragraph id="HE1A13B1020074C329BFC571D6BCC0B72"><enum>(2)</enum><text>Each officer or other individual who exercises control over the regular operations of the entity is a historically disadvantaged individual.</text> </paragraph><paragraph id="HAC3C01A3B8A748DCA17E4425430EE269"><enum>(3)</enum><text display-inline="yes-display-inline">The net worth of each principal of the entity is not greater than $2,000,000. (The equity of a disadvantaged owner in a primary personal residence shall not be considered in this calculation.)</text> </paragraph><paragraph id="H6B5587C97D084687AD4C2FC8BDB1052E"><enum>(4)</enum><text>The principal place of business of the entity is in the United States.</text> </paragraph><paragraph id="H583447667A1A4EEBBF7AE4ED85DD90F0"><enum>(5)</enum><text display-inline="yes-display-inline">Each principal of the entity maintains good character in the determination of the National Director.</text> </paragraph><paragraph id="HBE192897AC074BD086A21A88A6D6D5F1"><enum>(6)</enum><text display-inline="yes-display-inline">The entity engages in competitive and bona fide commercial business operations in not less than one sector of industry that has a North American Industry Classification System code.</text> </paragraph><paragraph id="H96AC2EEFBAE942DE859F85CF6429EFE4"><enum>(7)</enum><text>The entity submits reports to the National Director at such time, in such form, and containing such information as the National Director may require.</text> </paragraph><paragraph id="HB05F1690591D41398FDFF5946D89F09C"><enum>(8)</enum><text>Such other requirements as the National Director considers appropriate.</text> </paragraph></subsection><subsection id="HBFE856E2DEFE46B1B0BDF628260F35B0"><enum>(b)</enum><header>Term of certification</header><text>A certification under this section shall be for a term of 5 years and may not be renewed.</text> </subsection></section><section id="H11DBC199A0A041C4970654C852003DF5"><enum>204.</enum><header>Technical assistance</header> <subsection id="H91022C6B662543A9813D737AB26DB7A8"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">In carrying out the Program, the National Director of the Minority Business Development Agency may provide to qualified minority businesses technical assistance with regard to the following:</text> <paragraph id="H9DCBADF9FBF945F78F85E85002E623FC"><enum>(1)</enum><text>Writing business plans.</text> </paragraph><paragraph id="H78FE035FFC9C443D8328A477819E78E8"><enum>(2)</enum><text>Marketing.</text> </paragraph><paragraph id="H90AD53F7C0E24BD0AB7438631FBEC76D"><enum>(3)</enum><text>Management.</text> </paragraph><paragraph id="H45162C143E06400FBFA403D190D49D1B"><enum>(4)</enum><text>Securing sufficient financing for business operations.</text> </paragraph></subsection><subsection id="H1E59E74962B94864BBB577F87814F797"><enum>(b)</enum><header>Contract authority</header><text display-inline="yes-display-inline">The National Director may enter into agreements with persons to provide technical assistance under this section.</text> </subsection><subsection id="HD8F3AA444AE84590AFE9783B8C61599B"><enum>(c)</enum><header>Authorization of appropriations</header><text>There are authorized to be appropriated $200,000,000 to the National Director to carry out this section. Such sums shall remain available until expended.</text> </subsection></section><section id="HC0A806926EC3479295F33AE78CDDFEEC"><enum>205.</enum><header>Loan guarantees</header> <subsection commented="no" display-inline="no-display-inline" id="HEDBB89A4294548FB91E10D7AF06F8281"><enum>(a)</enum><header>In general</header><text>Subject to subsection (b), the National Director of the Minority Business Development Agency may guarantee up to 90 percent of the amount of a loan made to a qualified minority business to be used for business purposes, including the following:</text> <paragraph commented="no" display-inline="no-display-inline" id="H0317AE26B7F44B80AB82D20214D59107"><enum>(1)</enum><text>Purchasing essential equipment.</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="H78B1153A496A48E497C272B7329EF462"><enum>(2)</enum><text>Payroll expenses.</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="H598CD645933C4522825FE14E02530B44"><enum>(3)</enum><text>Purchasing facilities.</text> </paragraph><paragraph commented="no" display-inline="no-display-inline" id="HB77D407728C2494881B2C7F30CC498A6"><enum>(4)</enum><text>Renovating facilities.</text> </paragraph></subsection><subsection commented="no" id="H465F6FC383FB44D78B1190B37C8D86DD"><enum>(b)</enum><header>Terms and conditions</header> <paragraph commented="no" id="H6169D28AB44C4C508236DC0F62871AE0"><enum>(1)</enum><header>In general</header><text>The National Director may make guarantees under this section for projects on such terms and conditions as the National Director determines appropriate, after consultation with the Secretary of the Treasury, in accordance with this section.</text> </paragraph><paragraph commented="no" id="H31F8FA5301364157A38B93332B6CA0D2"><enum>(2)</enum><header>Repayment</header><text>No guarantee shall be made under this section unless the National Director determines that there is reasonable prospect of repayment of the principal and interest on the obligation by the borrower.</text> </paragraph><paragraph commented="no" id="H747C0BE37A824F7889060C4CA25CFB6E"><enum>(3)</enum><header>Defaults</header> <subparagraph commented="no" id="HB86F3C00871E4ABDB1DA2B26C18D226F"><enum>(A)</enum><header>Payment by National Director</header> <clause commented="no" id="H9E24A164160A49A883641FEC04A29E53"><enum>(i)</enum><header>In general</header><text>If a borrower defaults on the obligation (as defined in regulations promulgated by the National Director and specified in the guarantee contract), the holder of the guarantee shall have the right to demand payment of the unpaid amount from the National Director.</text> </clause><clause commented="no" id="H7DA559DE8BF1456EBE63C38614557F19"><enum>(ii)</enum><header>Payment required</header><text>Within such period as may be specified in the guarantee or related agreements, the National Director shall pay to the holder of the guarantee the unpaid interest on, and unpaid principal of the obligation as to which the borrower has defaulted, unless the National Director finds that there was no default by the borrower in the payment of interest or principal or that the default has been remedied.</text> </clause><clause commented="no" id="HCD31A79955B24C87B601A9C25CC38F97"><enum>(iii)</enum><header>Forbearance</header><text>Nothing in this paragraph precludes any forbearance by the holder of the obligation for the benefit of the borrower which may be agreed upon by the parties to the obligation and approved by the Director.</text> </clause></subparagraph><subparagraph commented="no" id="H731D8AB8BDDA41A1B89549510F936531"><enum>(B)</enum><header>Subrogation</header> <clause commented="no" id="H3090F9661D4541A4AB11F63DFED7A739"><enum>(i)</enum><header>In general</header><text>If the National Director makes a payment under subparagraph (A), the National Director shall be subrogated to the rights of the recipient of the payment as specified in the guarantee or related agreements including, where appropriate, the authority (notwithstanding any other provision of law) to—</text> <subclause commented="no" id="HA55C2EE26FBC448B8B8941A2557E9D52"><enum>(I)</enum><text>complete, maintain, operate, lease, or otherwise dispose of any property acquired pursuant to such guarantee or related agreements; or</text> </subclause><subclause commented="no" id="HCA85C9A15E7B4EB5A1153737D0C10006"><enum>(II)</enum><text>permit the borrower, pursuant to an agreement with the National Director, to continue to pursue the purposes of the project if the National Director determines this to be in the public interest.</text> </subclause></clause><clause commented="no" id="H1BA26B85CE3D490685B1BE0F7B6C38AA"><enum>(ii)</enum><header>Superiority of rights</header><text>The rights of the National Director, with respect to any property acquired pursuant to a guarantee or related agreements, shall be superior to the rights of any other person with respect to the property.</text> </clause><clause commented="no" id="H520E4A80727641D3B0F330E0B2AFD3AC"><enum>(iii)</enum><header>Terms and conditions</header><text>A guarantee agreement shall include such detailed terms and conditions as the National Director determines appropriate to—</text> <subclause commented="no" id="H30FEDED1978B4B218E4FAE11FF2310E2"><enum>(I)</enum><text>protect the interests of the United States in the case of default; and</text> </subclause><subclause commented="no" id="H44610B7B2CCB476A9188EFABB27F70F0"><enum>(II)</enum><text>have available all the patents and technology necessary for any person selected, including the National Director, to complete and operate the project.</text> </subclause></clause></subparagraph><subparagraph commented="no" id="H74463A0FBC5842B8984D93A75E5C78E4"><enum>(C)</enum><header>Payment of principal and interest by National Director</header><text>With respect to any obligation guaranteed under this section, the National Director may enter into a contract to pay, and pay, holders of the obligation, for and on behalf of the borrower, from funds appropriated for that purpose, the principal and interest payments which become due and payable on the unpaid balance of the obligation if the National Director finds that—</text> <clause commented="no" id="H01B411422D804F9FA6C83CA191C79770"><enum>(i)</enum><subclause commented="no" display-inline="yes-display-inline" id="H959B8F5B3D25410ABFD849DF554F8746"><enum>(I)</enum><text>the borrower is unable to meet the payments and is not in default;</text> </subclause><subclause commented="no" id="HED0CA94292A8417D949EDC116D777030" indent="up1"><enum>(II)</enum><text>it is in the public interest to permit the borrower to continue to pursue the purposes of the project; and</text> </subclause><subclause commented="no" id="HA136C07531294A97B2D440D66E04174D" indent="up1"><enum>(III)</enum><text>the probable net benefit to the Federal Government in paying the principal and interest will be greater than that which would result in the event of a default;</text> </subclause></clause><clause commented="no" id="HA6854F5A89B949F7B4D417A966AED31A"><enum>(ii)</enum><text>the amount of the payment that the National Director is authorized to pay shall be no greater than the amount of principal and interest that the borrower is obligated to pay under the agreement being guaranteed; and</text> </clause><clause commented="no" id="HDC5FDCB6D71D41EAA0CADCA8C8628CE3"><enum>(iii)</enum><text>the borrower agrees to reimburse the National Director for the payment (including interest) on terms and conditions that are satisfactory to the National Director.</text> </clause></subparagraph><subparagraph commented="no" id="H4C8B7DF39D004D988E2A1A3F1F1F96B5"><enum>(D)</enum><header>Action by Attorney General</header> <clause commented="no" id="HC5738FB1862B4CAAB3B3045FA49D112A"><enum>(i)</enum><header>Notification</header><text>If the borrower defaults on an obligation, the National Director shall notify the Attorney General of the default.</text> </clause><clause commented="no" id="H50BB8B11AD1A42B0AAF4F83FA8AF5DB3"><enum>(ii)</enum><header>Recovery</header><text>On notification, the Attorney General shall take such action as is appropriate to recover the unpaid principal and interest due from—</text> <subclause commented="no" id="H3B5CF16952F84CD092B8E46E87BF3430"><enum>(I)</enum><text>such assets of the defaulting borrower as are associated with the obligation; or</text> </subclause><subclause commented="no" id="H6D54C7E154F14A17BB84C6A8ED6DE58F"><enum>(II)</enum><text>any other security pledged to secure the obligation.</text> </subclause></clause></subparagraph></paragraph><paragraph commented="no" id="H3B97E5A498D44DA0908BA7969BC55012"><enum>(4)</enum><header>Fees</header> <subparagraph commented="no" id="H40DFAEA483FA428185EBEFB882228BA9"><enum>(A)</enum><header>In general</header><text>The National Director shall charge and collect fees for guarantees in amounts the National Director determines are sufficient to cover applicable administrative expenses, not to exceed 1 percent of the amount guaranteed.</text> </subparagraph><subparagraph commented="no" id="H5994502196644F82B041B62ABFBCBEB4"><enum>(B)</enum><header>Availability</header><text>Fees collected under this paragraph shall—</text> <clause commented="no" id="HF8DDC9FA5DA64B9A995FD5BBC24436BC"><enum>(i)</enum><text>be deposited by the National Director into the Treasury; and</text> </clause><clause commented="no" id="H5D0B7751C01E4FCDB5F8EAC52CDB504B"><enum>(ii)</enum><text>remain available until expended, subject to such other conditions as are contained in annual appropriations Acts.</text> </clause></subparagraph></paragraph></subsection><subsection id="H83044D2ED9D64094A158199A8AAF3D62"><enum>(c)</enum><header>Credit requirements</header><text display-inline="yes-display-inline">To receive a loan guaranteed under this section a qualified minority business shall—</text> <paragraph id="H113BAB63B4914C94B748966CF9BB7C9C"><enum>(1)</enum><text>be in good standing with regard to the credit of that business in the determination of the National Director;</text> </paragraph><paragraph id="HE9D6E4204D924113AFDFBDE6153959BD"><enum>(2)</enum><text>have received technical assistance under section 104; and</text> </paragraph><paragraph id="H411BFB1CEEBB4F64BC350B6D6CD1DEFB"><enum>(3)</enum><text>submit reports, at such time, in such form, and containing such information as the National Director may require regarding the credit of the business.</text> </paragraph></subsection><subsection id="H988EF9E98B994ABDB4743534FB3BD647"><enum>(d)</enum><header>Limits on guarantee amounts</header> <paragraph id="H81819C0635B14236B10DBA5AE7351747"><enum>(1)</enum><header>Maximum amount of guarantee</header><text>The National Director may not guarantee more than $450,000 of any loan under this section.</text> </paragraph><paragraph id="H5D637019297A4FEDB236A485939C0708"><enum>(2)</enum><header>Maximum gross loan amount</header><text>A loan guaranteed under this section may not be for a gross loan amount in excess of $500,000.</text> </paragraph></subsection><subsection id="H6742AF83FF114476B0B5EDEB6829ACC1"><enum>(e)</enum><header>Authorization of appropriations</header><text display-inline="yes-display-inline">There are authorized to be appropriated to the National Director not more than $500,000,000 to carry out this section during fiscal years 2012 through 2016.</text> </subsection></section><section id="H979C72C1B24F403B9A3FF2E54063E1A4"><enum>206.</enum><header>Set-aside contracting opportunities</header> <subsection commented="no" id="H5956AB0342FF4786A1843125E8A00101"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">The National Director of the Minority Business Development Agency may enter into agreements with the United States Government and any department, agency, or officer thereof having procurement powers for purposes of providing for the fulfillment of procurement contracts and providing opportunities for qualified minority businesses with regard to such contracts.</text> </subsection><subsection id="HA2226BD6240F4865B73E05B4C1DDB2D2"><enum>(b)</enum><header>Qualifications on participation</header><text display-inline="yes-display-inline">The National Director shall by rule establish requirements for participation under this section by a qualified minority business in a contract.</text> </subsection><subsection id="H9F28593C675D4263BD2E219FAFED6727"><enum>(c)</enum><header>Annual limit on number of contracts per qualified minority business</header><text display-inline="yes-display-inline">A qualified minority business may not participate under this section in contracts in an amount that exceeds $10,000,000 for goods and services each fiscal year.</text> </subsection><subsection id="HAE015ED5F9B6436CBF180CDA6C3E6C7B"><enum>(d)</enum><header>Limits on contract amounts</header> <paragraph id="H6ADB15C71A654FD2AAB44C697999EC83"><enum>(1)</enum><header>Goods and services</header><text display-inline="yes-display-inline">Except as provided in paragraph (2), a contract for goods and services under this section may not exceed $6,000,000.</text> </paragraph><paragraph id="H17F31E5DC0CE4F8EA98474E12BA73385"><enum>(2)</enum><header>Manufacturing and construction</header><text>A contract for manufacturing and construction services under this section may not exceed $10,000,000.</text> </paragraph></subsection></section><section id="H4F798090E7F748798A5866E028E555D4"><enum>207.</enum><header>Termination from Program</header><text display-inline="no-display-inline">The National Director of the Minority Business Development Agency may terminate a qualified minority business from the Program for any violation of a requirement of sections 203 through 206 by that qualified minority business, including the following:</text> <paragraph id="HF75EEA1B1F7C45208AF712C397866F19"><enum>(1)</enum><text>Conduct by a principal of the qualified minority business that indicates a lack of business integrity.</text> </paragraph><paragraph id="HBBE99AABB90546EDB492DDAFAF18F5AE"><enum>(2)</enum><text>Willful failure to comply with applicable labor standards and obligations.</text> </paragraph><paragraph id="H8867B37A83424CC0867E5F26D1CD70D3"><enum>(3)</enum><text>Consistent failure to tender adequate performance with regard to contracts under the Program.</text> </paragraph><paragraph id="HA0BE9C70439B43EC98DDFDD1CEBE0319"><enum>(4)</enum><text>Failure to obtain and maintain relevant certifications.</text> </paragraph><paragraph id="H3FFECD1A0DF24FB0AB6686B699ED1433"><enum>(5)</enum><text>Failure to pay outstanding obligations owed to the Federal Government.</text> </paragraph></section><section id="HA48964511B18451F913BE8F41339AF69"><enum>208.</enum><header>Reports</header> <subsection id="H942C60A4369E4764AE410A0A31CEFD88"><enum>(a)</enum><header>Report of the Director</header><text display-inline="yes-display-inline">Not later than October 1, 2012, and annually thereafter, the National Director of the Minority Business Development Agency shall submit to the Committee on Commerce, Science, and Transportation of the Senate and the Committee on Energy and Commerce of the House of Representatives a report describing the activities of the National Director during the preceding year with respect to the Program.</text> </subsection><subsection id="HBB5AB8BFE2DC46679996EA93BC50FF37"><enum>(b)</enum><header>Report of the Secretary of Commerce</header><text display-inline="yes-display-inline">Not later than October 1, 2012, and annually thereafter, the Secretary of Commerce shall submit to the Committee on Commerce, Science, and Transportation of the Senate and the Committee on Energy and Commerce of the House of Representatives a report describing the activities the Secretary engaged in during the preceding year to build wealth among historically disadvantaged individuals.</text> </subsection></section><section commented="no" display-inline="no-display-inline" id="H990B3D43E33B45AC96B7324EB785672D" section-type="subsequent-section"><enum>209.</enum><header>Minority Business Development Agency database</header><text display-inline="no-display-inline">Not later than 90 days after the date of the enactment of this Act, the National Director of the Minority Business Development Agency shall establish a database to assist prime contractors in identifying historically disadvantaged firms for subcontracting.</text> </section><enum>III</enum><header>Community economic development provisions</header> <section id="H27A629FF179244DDB1776201BF8BA5CF"><enum>301.</enum><header>Targeted hiring requirement for certain construction jobs</header> <subsection id="HC838093C42754C4AAFD4BEA8A5EBBC01"><enum>(a)</enum><header>Contracts subject to this section</header><text>The requirements of this section shall apply to all contracts for construction and rehabilitation of facilities and infrastructure funded directly by or assisted in whole or in part by or through the Federal Government in fiscal year 2012.</text> </subsection><subsection id="H372E2956A3D0493A85811CE66568FEA4"><enum>(b)</enum><header>Employment of targeted workers</header> <paragraph id="H875639B77A814593BF4B9EA9190AD5EE"><enum>(1)</enum><header>Project work hours requirement</header><text display-inline="yes-display-inline">The Secretary of Labor shall establish a minimum percentage of construction work hours to be performed by targeted workers for each contract subject to this section in each labor market area.</text> </paragraph><paragraph id="H3F631C72D62148B5853E45209277F54D"><enum>(2)</enum><header>Utilization of apprenticeship programs</header> <subparagraph id="H6A42D21129E6408287D78E1A599C02D0"><enum>(A)</enum><header>Contractor participation requirements</header><text>Each contractor and subcontractor that seeks to provide construction services on contracts subject to this section shall submit adequate assurances with its bid or proposal that it participates in a qualified apprenticeship program, with a written arrangement with a qualified pre-apprenticeship program, as defined by the Secretary of Labor, for each craft or trade classification of worker that the contractor or subcontractor intends to employ to perform work on the project.</text> </subparagraph><subparagraph id="H76EEA910203D48A2BE6B75AA6DEB8014"><enum>(B)</enum><header>Certification of other programs in certain localities</header><text>In the event that the Secretary of Labor certifies that a qualified apprenticeship program (as defined in subparagraph (A)) for a craft or trade classification that a prospective contractor or subcontractor intends to employ, is not operated in the locality where the contract or subcontract will be performed, an apprenticeship or other training program that is not an employee welfare benefit plan (as defined in such section) may be certified by the Secretary as a qualified apprenticeship or other training program provided it is registered with the Department of Labor, Office of Apprenticeship, or a State apprenticeship agency recognized by the Office of Apprenticeship for Federal purposes.</text> </subparagraph><subparagraph id="H5FA12FB65BCC41C2ADE0DFF6691C51B6"><enum>(C)</enum><header>Apprentice utilization</header><text>Each contractor and subcontractor performing work on contracts subject to this section shall employ apprentices or trainees enrolled in qualified apprenticeship programs to the maximum extent permitted in the program’s written standards, and shall submit adequate assurances that it is not party to contractual agreements that preclude its ability to meet the targeted hiring requirements set forth in paragraph (1).</text> </subparagraph></paragraph><paragraph id="HDA45BF28A00244C8AC2A66EA28897E95"><enum>(3)</enum><header>Definitions</header><text>For purposes of this section—</text> <subparagraph id="HFDCFBA756E1344B3ACF5B656B651DC2A"><enum>(A)</enum><text display-inline="yes-display-inline">the term <term>labor market area</term> has the meaning given such term in section 101(18) of the Workforce Investment Act of 1998 (29 U.S.C. 2801(18));</text> </subparagraph><subparagraph id="HDB6E6724433649308799812DD0ECF2BD"><enum>(B)</enum><text display-inline="yes-display-inline">the term <term>qualified apprenticeship program</term> means an apprenticeship or other training program that qualifies as an <quote>employee welfare benefit plan</quote> as defined in section 3(1) of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1002(1)); and</text> </subparagraph><subparagraph id="HEAC76BD927D54D77B35C2CF892AEE132"><enum>(C)</enum><text>the term <term>targeted workers</term> means individuals who reside in the same labor market area as the applicable project and who—</text> <clause id="H24395C9C8FF9419BAA920FACFCE3C633"><enum>(i)</enum><subclause commented="no" display-inline="yes-display-inline" id="H7FF57AB8867940FAA830D575AA7ED023"><enum>(I)</enum><text>are members of families that received a total income, that during the 2-year period prior to employment on the project or admission to the pre-apprenticeship program, did not exceed 200 percent of the Federal poverty guidelines (exclusive of unemployment compensation, child support payments, payments described in 29 United States Code section 2801(25)(A), and old-age and survivors insurance benefits received under section 202 of the Social Security Act (42 U.S.C. 402); and</text> </subclause><subclause id="HF35AF8490A284B37B338C70A06984D4D" indent="up1"><enum>(II)</enum><text>reside in a census tract in which not less than 20 percent of the households have income below the Federal poverty guidelines;</text> </subclause></clause><clause id="H328A9E36D9614A188B6443AB9795C70C"><enum>(ii)</enum><text>are members of a targeted group, within the meaning of section 51 of the Internal Revenue Code of 1986; or</text> </clause><clause id="H1B49546528264D31ADFD1AD184DE8F94"><enum>(iii)</enum><text>qualify as <quote>displaced homemakers</quote> as such term is defined in section 3(10) of the Carl D. Perkins Career and Technical Education Act of 2006 (20 U.S.C. 2302(10)).</text> </clause></subparagraph></paragraph></subsection><subsection id="HEFCC4E496C4C4E61AD7488570214947B"><enum>(c)</enum><header>Facilitating compliance and project efficiency</header><text>In order to achieve the purposes of this section and to promote prompt completion of construction projects undertaken pursuant to this Act, the Secretary of Labor may require that contractors and subcontractors performing construction work under a contract subject to this section enter into an agreement consistent with the standards set forth in section 4 of Executive Order 13502 and the requirements of subsection (b)(1) of this section.</text> </subsection><subsection id="H69DFF8277F6A433F9CFDF19BB50C152F"><enum>(d)</enum><header>Implementation</header> <paragraph id="HB240080A0C714A5B973F1EBB2D65983B"><enum>(1)</enum><header>In general</header><text>No law or regulation governing the operations or activities of any agency responsible for implementing provisions of this section shall be interpreted to prohibit Federal agencies, funding recipients, contractors, or subcontractors, from advancing the purposes of this section through additional project requirements or actions. The Secretary of Labor shall be responsible for ensuring the implementation and enforcement of this section, including investigating noncompliance, and shall, not later than 180 days after the date of enactment of this Act, adopt such rules, regulations, and guidance, and issue such orders as the Secretary determines necessary and appropriate to achieve the purposes of this section.</text> </paragraph><paragraph id="H8F31CFB7BCF74AB0B9B43B9E4E67F2A1"><enum>(2)</enum><header>Compliance</header><text>In the event of material noncompliance with this section by a recipient, contractor, or subcontractor, the Secretary of Labor shall have the authority to assess and collect penalties from such recipient, contractor, or subcontractor of not more than 5 percent of the contract amount. The Secretary shall allow for reduction or avoidance of penalty assessments for non-compliance with the targeted hiring requirements of subsection (b)(1) only where the entity in question demonstrates that—</text> <subparagraph id="H17482776F4A3414385DD4736CC2200B2"><enum>(A)</enum><text>compliance was impossible because of a shortage of targeted workers in the local labor market; and</text> </subparagraph><subparagraph id="H65BDD0D184C146F980A199BFCEF07BE6"><enum>(B)</enum><text>the employer utilized all specified measures to obtain targeted workers.</text> </subparagraph><continuation-text continuation-text-level="paragraph">The Secretary may specify measures required to be taken to obtain targeted workers.</continuation-text></paragraph></subsection><subsection id="HC4779A4845FC4C7FAC442005B7D00E5F"><enum>(e)</enum><header>dedicated resources for training and recruitment</header><text display-inline="yes-display-inline">In order to facilitate the objectives of this section, not less than 1 percent of any funds authorized and appropriated or otherwise allocated for construction for fiscal year 2012 shall be set aside to—</text> <paragraph id="H0011C48227B94A309104C01923517AF6"><enum>(1)</enum><text>provide pre-apprenticeship training and other support services through programs that have strong track records of placing targeted workers into sustained employment in the construction trades and that have written agreements with qualified apprenticeship programs;</text> </paragraph><paragraph id="H82F06AE590194172AF963D338423E5EA"><enum>(2)</enum><text>provide support to community-based organizations that have written agreements with programs described in subsection (b)(2) to participate in such programs by recruiting targeted workers; or</text> </paragraph><paragraph id="H41BBA9D265234901BBD25C3998930DCD"><enum>(3)</enum><text>provide support to contractors either—</text> <subparagraph id="HA8C6AD297FE04DDEAB79AFAF7C8514C2"><enum>(A)</enum><text>that are community-based nonprofit organizations that both—</text> <clause id="H4ECDFEE5914D473F9DD7BEF02859430C"><enum>(i)</enum><text>have a governing body in which a majority the members qualify as targeted workers; and</text> </clause><clause id="HC713CC5ED18849CFBD2BA2146A94DD9B"><enum>(ii)</enum><text>have less than one million dollars in annual revenue from construction work of any type, or</text> </clause></subparagraph><subparagraph id="HC86299830FD141DEAD07CE1F13693A34"><enum>(B)</enum><text>in which such a community-based nonprofit organization has a 100 percent controlling interest for work relating to such Act to meet the cost of participating in apprenticeship programs.</text> </subparagraph></paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="H213CDD8B4C474B249174716918CBA2B1"><enum>(f)</enum><header>Sense of Congress regarding participation of socially and economically disadvantaged businesses</header><text display-inline="yes-display-inline">It is the sense of Congress that each agency responsible for implementing provisions relating to construction contracting and subcontracting in fiscal year 2012 should ensure that any regulation, policy, or funding disbursement made provides for the inclusive participation by socially and economically disadvantaged small business concerns, as defined under section 8(a) of the Small Business Act (15 U.S.C. 637(a)), including through bidding credits, program eligibility standards, and other means.</text> </subsection></section><section id="idCABB3067AECE45DCADD1B5219E3E8291"><enum>302.</enum><header>2-year extension of new markets tax credit national limitation</header> <subsection id="H8B79E76516FF49DCA4CF5D67A295F1F6"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Subparagraph (G) of section 45D(f)(1) of the Internal Revenue Code of 1986 is amended by striking <quote>2010 and 2011</quote> and inserting <quote>2010, 2011, 2012, and 2013</quote>.</text> </subsection><subsection id="HFBA8B0AE0C7048CBBEBF09DCAED12E5F"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to investments made after December 31, 2011.</text> </subsection></section><section id="id74097A2A8346473CAD1D853652A6EADC"><enum>303.</enum><header>Extension of empowerment zone designation</header> <subsection id="idCE3C39D1762E4BB886AD64562F2A7183"><enum>(a)</enum><header>In general</header><text>Clause (i) of section 1391(d)(1)(A) of the Internal Revenue Code of 1986 is amended by striking <quote>December 31, 2011</quote> and inserting <quote>December 31, 2013</quote>.</text> </subsection><subsection id="id58F585E0AF34431796633EA8AF6E3879"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall apply to periods after December 31, 2011.</text> </subsection><subsection id="id955EF412CA2443028481BCC53F8C1CD1"><enum>(c)</enum><header>Treatment of certain termination dates specified in nominations</header><text>In the case of a designation of an empowerment zone the nomination for which included a termination date which is contemporaneous with the date specified in subparagraph (A)(i) of section 1391(d)(1) of the Internal Revenue Code of 1986 (as in effect before the enactment of this Act), subparagraph (B) of such section shall not apply with respect to such designation if, after the date of the enactment of this Act, the entity which made such nomination amends the nomination to provide for a new termination date in such manner as the Secretary of the Treasury (or the Secretary’s designee) may provide.</text> </subsection></section>