The Small Business Procurement and Utilization Reform Act of 2025, also known as the SPUR Act, aims to enhance the evaluation of federal agencies' efforts in supporting small businesses. Its main objective is to ensure that new small businesses, particularly those owned by specific groups, are recognized and encouraged in federal contracting opportunities. One of the key provisions of the SPUR Act is the requirement for federal agencies to report on the number of new small business entrants that receive prime contracts.