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Better Prices for Military: Ending Inflated Costs in Defense Contracts

This act aims to ensure the U.S. military always gets the best possible prices for its purchases. The changes will make it harder for companies to inflate costs in contracts, potentially leading to taxpayer savings. Citizens can expect their money to be spent more efficiently on defense.
Key points
Companies can no longer hide inflated costs by submitting pricing data after a contract is agreed upon.
The goal is to ensure the military pays fair prices, leading to better use of public funds.
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Expired
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Additional Information
Print number: 118_HR_7253
Sponsor: Rep. Deluzio, Christopher R. [D-PA-17]
Process start date: 2024-02-06
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Best Price for Our Military Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_7253.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-02-06.

What are the main provisions?

Key points include:

  • Companies can no longer hide inflated costs by submitting pricing data after a contract is agreed upon.
  • The goal is to ensure the military pays fair prices, leading to better use of public funds.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Deluzio, Christopher R. [D-PA-17].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Armed Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

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