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Increased Transparency in Defense Contractor Cost Data

This proposed bill aims to increase transparency in defense spending. It introduces new rules for companies providing cost and pricing data to the military, potentially leading to more efficient use of taxpayer money. Citizens can expect their money to be spent more responsibly.
Key points
Companies delaying cost data submissions to the military by over 200 days will be publicly identified.
Information about delays and contractor integrity issues will be visible in the government's monitoring system.
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Additional Information
To amend title 10, United States Code, to modify the requirements relating to truthful cost or pricing data submissions, and for other purposes.
Print number: HR 5272
Sponsor: Rep. Deluzio, Christopher R. [D-PA-17]
Process start date: 2023-08-25