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S. 4636

BillFederalSenateIn Committee
Contract Pricing Data Transparency Act
About This Bill
Committee
Latest Action · July 8, 2024
Read twice and referred to the Committee on Armed Services.
Congress
118th (2023–2025)
Introduced
July 8, 2024
Cosponsors (0)
None
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Summary

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This bill requires the federal government to create a transparent record when contractors refuse to provide uncertified cost or pricing data to the government. Currently, federal agencies have the option to note such refusals in a contractor tracking system, but this bill makes it mandatory for all refusals to be recorded in the Federal Awardee Performance and Integrity Information System, a centralized database used across government. The change affects any company bidding on federal contracts, particularly those in the defense sector. By requiring this documentation, the legislation aims to increase transparency around contractor behavior and help federal agencies make more informed decisions when awarding contracts. The bill was introduced in July 2024 and referred to the Senate Armed Services Committee.

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