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Better Prices for Military: No More Late Cost Data Excuses

This act aims to ensure the U.S. military always gets the best possible prices for goods and services. It eliminates the ability for contractors to justify higher prices by submitting outdated cost data. This means taxpayer money will be spent more efficiently, and the military will have access to necessary resources at fair rates.
Key points
Contractors can no longer use late or outdated cost data as an excuse for higher prices.
Cost data updates older than 30 days from the price agreement date will not be accepted as a defense against overpricing.
The goal is to ensure the military pays fair prices, leading to better use of public funds.
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Status: Introduced
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Additional Information
Print number: 119_HR_5082
Sponsor: Rep. Deluzio, Christopher R. [D-PA-17]
Process start date: 2025-09-02