S. 4250 seeks to make permanent and expand a pilot program aimed at simplifying the process for awarding contracts for innovative technology projects. It specifically allows contracts under $7.5 million, awarded to small businesses and nontraditional defense contractors, to...
Simple Explanation
S. 4250 is a plan to make it easier for small companies to win government contracts to create new and cool technology by skipping some of the usual money rules for smaller projects, which means these companies can show their great ideas without getting tangled up in too much paperwork.