,i #aaf? ,,congress #a/ ,session ,h4 ,r4 #bcdd ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,april #ah1 #bjai,mr4 ,/aub] 7= himself & ,mr4 ,veasey7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,small ,bus9ess ,a ,,bill ,to am5d ! ,small ,bus9ess ,act to provide int]im p>tial paym5t to small bus9ess contractors t reque/ an equitable adju/m5t due to a *ange 9 ! t]ms ( a con/ruction contract1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,small ,bus9ess ,paym5t = ,p]=mance ,act ( #bjai4 #b4 ,equitable adju/m5ts to con/ruction contracts 7a7 ,9 g5]al ,! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fca et seq47 is am5d$ by ins]t+ aft] section #ae ! foll[+ new section3 #ae;,a4 ,equitable adju/m5ts to con/ruction contracts 7a7 ,reque/ = an equitable adju/m5t ,a small bus9ess conc]n p]=m+ a con/ruction contract t 0 aw>d$ by an ag5cy may submit a reque/ = an equitable adju/m5t to ! contract+ (fic] ( su* ag5cy if ! contract+ (fic] directs a *ange 9 ! t]ms ( ! contract p]=mance )\t ! agreem5t ( ! small bus9ess conc]n4 ,su* reque/ %all-- 7#a7 be timely made pursuant to ! t]ms ( ! contract2 & 7#b7 specify ! e/imat$ am\nt requir$ to cov] additional co/s result+ f su* *ange 9 ! t]ms ( ! contract p]=mance4 7b7 ,am\nt ,^u receipt ( a reque/ = equitable adju/m5t "u subsection 7a71 ! ag5cy %all provide to ! small bus9ess conc]n an int]im p>tial paym5t 9 an am\nt t is at lea/ #ej p]c5t ( ! e/imat$ am\nt "u subsection 7a77#b74 7c7 ,limitation ,any int]im p>tial paym5t made "u ?is section %all n be deem$ to be an action to def9itize ! reque/ = an equitable adju/m5t4 7d7 ,fl[-,d[n ( int]im p>tial paym5t am\nts ,a small bus9ess conc]n t reque/s an equitable adju/m5t "u ?is section %all pay to a fir/ ti] subcontractor or suppli] ! portion ( ea* int]im p>tial paym5t receiv$ t is attributable to ! increas$ co/s ( p]=mance incurr$ by ! fir/ ti] subcontractor or suppli] due to ! *ange 9 ! t]ms ( ! contract p]=mance4 ,a fir/ ti] subcontractor or suppli] t receives a portion ( an int]im p>tial paym5t "u ?is section %all pay to a subcontractor or suppli] at any ti] ! appropriate portion ( su* paym5t4 4 7b7 ,implem5tation ,! ,adm9i/rator ( ! ,small ,bus9ess ,adm9i/ration %all implem5t ! requirem5ts ( ?is section n lat] ?an ! e>li] ( ! foll[+ dates3 7#a7 ,! fir/ day ( ! fir/ full fiscal ye> beg9n+ aft] ! date ( ! enactm5t ( ?is ,act4 7#b7 ,octob] #a1 #bjba4