U.S Code last checked for updates: Oct 22, 2026
§ 4518.
(a)
In general
(b)
Modernization of equipment
(1)
In general
(2)
Small business suppliers
In considering proposals for subchapter II projects under paragraph (1), the President shall provide a strong preference for proposals submitted by a small business supplier or subcontractor whose proposal—
(A)
has the support of the department or agency which will provide the guarantee;
(B)
reflects that the small business concern has made arrangements to obtain qualified outside assistance to support the effective utilization of the advanced manufacturing equipment being proposed for installation; and
(C)
meets the requirements of section 4531, 4532, or 4533 of this title.
(Sept. 8, 1950, ch. 932, title I, § 108, as added Pub. L. 102–558, title I, § 111, Oct. 28, 1992, 106 Stat. 4202.)
cite as: 50 USC 4518