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Pilot Program to Improve Federal Contracting Efficiency and Achieve Cost Savings.

This Act establishes a two-year pilot program aimed at improving the efficiency and reducing costs of federal government contracts. Participating agencies and military departments must use new metrics focused on outcomes, such as cost savings, timely delivery, and satisfaction of the internal users receiving the goods or services. The ultimate goal is to ensure taxpayer money is spent more wisely and government services are delivered faster and better.
Key points
Establishes a two-year pilot program in federal agencies to measure and improve public contracting outcomes.
New contract success metrics must track cost savings, avoidance of unnecessary spending, and user satisfaction with quality and timeliness of deliverables.
The initiative seeks to ensure more effective use of public funds and higher quality government services.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_S_4055
Sponsor: Sen. Peters, Gary C. [D-MI]
Process start date: 2024-03-22
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Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Improving Contracting Outcomes Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_4055.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-03-22.

What are the main provisions?

Key points include:

  • Establishes a two-year pilot program in federal agencies to measure and improve public contracting outcomes.
  • New contract success metrics must track cost savings, avoidance of unnecessary spending, and user satisfaction with quality and timeliness of deliverables.
  • The initiative seeks to ensure more effective use of public funds and higher quality government services.
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 Sen. Peters, Gary C. [D-MI].

What is the latest detailed status?

The latest detailed status is: Placed on Senate Legislative Calendar under General Orders. Calendar No. 677.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-30.

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