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Albuquerque Business First: Udall wants SBA to increase contracting

Sen. Tom Udall is proposing a bill that would increase the Small Business Administration’s government-wide small business contracting level from 23 to 25 percent.

In the new bill, the Democratic senator is also asking that the reporting requirements are also made more transparent, the senator said in a news release.

The Assuring Contracting Equity Act of 2013 would encourage more federal contracting with women- and minority-owned firms, as well as consider past subcontracting performance.