U.S. Congress legislation · 119th Congress
HB4615: Small Business Payment for Performance Act of 2026
Status: In committee, October 9, 2026
To amend the Small Business Act to provide interim partial payment to small business contractors that request an equitable adjustment due to a change in the terms of a construction contract, and for other purposes.
What the bill says
To amend the Small Business Act to provide interim partial payment to small business contractors that request an equitable adjustment due to a change in the terms of a construction contract, and for other purposes.
From the committee substitute text, October 9, 2026:
A BILL To amend the Small Business Act to provide interim partial payment to small business contractors that request an equitable adjustment due to a change in the terms of a construction contract, and for other purposes. SECTION 1. Short title This Act may be cited as the Small Business Payment for Performance Act of 2026 . SECTION 2. Equitable adjustments to construction contracts (a) In general Section 15 of the Small Business Act ( 15 U.S.C. 644 ) is amended-- (1) by redesignating subsections (x) and (y) as subsections (y) and (z), respectively; and (2) by inserting after subsection (w) the following new subsection: (x) Interim partial payments for equitable adjustments to construction contracts (1) Request for an equitable adjustment A small business concern that was awarded a contract for construction by an agency may submit a request for an equitable adjustment to the contracting officer of such agency, in accordance with the procedures of such agency and the procedures applicable to such contract, if the contracting officer directs a change in the terms of the contract performance without the agreement of the small business concern. Such request shall-- (A) be timely made pursuant to the terms of the contract; and (B) specify the estimated amount required to cover additional costs resulting from such change in the terms. (2) …
Sponsors
- Pete Stauber (R, HD-008) · primary sponsor
- Marc Veasey (D, HD-033)
- Brian Fitzpatrick (R, HD-001)
- Donald Norcross (D, HD-001)
- Eric Sorensen (D, HD-017)
- Ed Case (D, HD-001)
- Sharice Davids (D, HD-003)
- Eugene Vindman (D, HD-007)
- Andre Carson (D, HD-IN-7)
- Michael Lawler (R, HD-017)
- Donald Davis (D, HD-001)
- Greg Landsman (D, HD-001)
Latest actions
- : Placed on the Union Calendar, Calendar No. 746.
- : Reported (Amended) by the Committee on Small Business. H. Rept. 119-849.
- : Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 23 - 0.
- : Committee Consideration and Mark-up Session Held
- : Referred to the House Committee on Small Business.
- : Introduced in House
Subjects: Commerce, Small business, Performance measurement, Public contracts and procurement, Wages and earnings, Building construction
Common questions
- What is HB4615?
- HB4615 is a bill in Congress (119th Congress): Small Business Payment for Performance Act of 2026.
- What does HB4615 do?
- In its own words: To amend the Small Business Act to provide interim partial payment to small business contractors that request an equitable adjustment due to a change in the terms of a construction contract, and for other purposes.
- What is the status of HB4615?
- In committee as of October 9, 2026. Latest action: Placed on the Union Calendar, Calendar No. 746. (October 9, 2026).
- Who sponsored HB4615?
- Pete Stauber (R, HD-008), with 11 co-sponsors.
- Where is the official record for HB4615?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/4615
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.