Federal Legislation
House Introduces Contract Our Veterans Act
March 14, 2026
The House of Representatives has introduced the Contract Our Veterans Act of 2026, a legislative initiative aimed at increasing federal procurement opportunities for veteran-owned small businesses. This bill establishes a mandatory 5% participation goal for veteran-owned small businesses in both prime and subcontract awards across federal contracts. It authorizes contracting officers to award contracts without competitive bidding under specific conditions, such as when the veteran-owned business is responsible, the contract amount falls within set thresholds, and the price is fair and reasonable. Additionally, the legislation enhances reporting requirements and support mechanisms to promote veteran-owned businesses in government contracting.
- Why this matters: Procurement professionals should prepare to incorporate the 5% veteran-owned small business participation goal into contracting strategies and solicitations.
- Contracting officers have expanded authority to award contracts directly to veteran-owned small businesses under defined criteria, potentially streamlining procurement processes.
- Agencies and contractors should anticipate increased reporting and compliance obligations related to veteran-owned business participation.
- Veteran-owned small businesses and their supporters can leverage this legislation to access more federal contracting opportunities and resources.
Contracting officers may award contracts to veteran-owned small businesses without competitive bidding if the business is responsible, contract amount is within thresholds, and price is fair and reasonable.
— Legislation summary
Agencies
Small Business Administration
Contracts
Sources
- New Bill: Representative Randy Fine introduces H.R. 7534: Contract Our Veterans Act of 2026 | Quiver Quantitative · Quiver Quantitative · Mar 14