41 USC § 1123 - Small business concerns

---
identifier: "/us/usc/t41/s1123"
source: "usc"
legal_status: "official_legal_evidence"
title: "41 USC § 1123 - Small business concerns"
title_number: 41
title_name: "PUBLIC CONTRACTS"
section_number: "1123"
section_name: "Small business concerns"
chapter_number: 11
chapter_name: "ESTABLISHMENT OF OFFICE AND AUTHORITY AND FUNCTIONS OF ADMINISTRATOR"
subchapter_number: "II"
subchapter_name: "AUTHORITY AND FUNCTIONS OF THE ADMINISTRATOR"
positive_law: true
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 111–350, § 3, Jan. 4, 2011, 124 Stat. 3687.)"
---


# § 1123. Small business concerns

In formulating the Federal Acquisition Regulation and procedures to ensure compliance with the Regulation, the Administrator, in consultation with the Small Business Administration, shall—

**(1)** conduct analyses of the impact on small business concerns resulting from revised procurement regulations; and

**(2)** incorporate into revised procurement regulations simplified bidding, contract performance, and contract administration procedures for small business concerns.

---

**Source Credit**: (Pub. L. 111–350, § 3, Jan. 4, 2011, 124 Stat. 3687.)

| RevisedSection | Source (U.S. Code) | Source (Statutes at Large) |
| --- | --- | --- |
| 1123 | 41:405a (last sentence). | Pub. L. 95–507, title II, § 222 (last sentence), Oct. 24, 1978, 92 Stat. 1771. |