Two requirements of subsection (aa) do not apply to awards of $30,000,000 or less from the allocation
What the document says“The requirement under paragraph (1) and the requirement to receive a waiver from the Administrator under paragraph (4) do not apply to a Federal agency for awards of not more than $30,000,000 to a small business concern with funds made available under a strategic breakthrough allocation”
Subsection (a)(1) adds a new paragraph (6) at the end of subsection (aa) of section 9 of the Small Business Act. It disapplies two things for awards of $30,000,000 or less made from a strategic breakthrough allocation: the requirement under paragraph (1) of that subsection, and the requirement to receive a waiver from the Administrator under paragraph (4). This Act does not restate what those two paragraphs require, and subsection (aa) is not indexed on this site.
What the document actually says“The requirement under paragraph (1) and the requirement to receive a waiver from the Administrator under paragraph (4) do not apply to a Federal agency for awards of not more than $30,000,000 to a small business concern with funds made available under a strategic breakthrough allocation”
Two rules in an older part of the law are set aside here. They do not apply to awards of $30 million or less from the new pot.
One of the rules is a cap. The other is a duty to get sign off first. This law does not say what they are. So the site does not say either.
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