This legislative proposal seeks to amend the Small Business Act by formally incorporating the "Rule of Two" into federal law. The primary goal is to strengthen opportunities for small business concerns in federal contracting by making this long-standing practice a statutory requirement. Specifically, the bill stipulates that any contract, task order, or delivery order for goods or services with an anticipated value greater than the simplified acquisition threshold must be reserved for small business concerns. This reservation is mandatory when the contracting officer reasonably expects to obtain offers from two or more responsible small business concerns and anticipates awarding the contract at a fair market price .