This bill modifies rules governing how defense contractors submit cost and pricing information to the Department of Defense. Specifically, it requires the Pentagon to identify contractors who take longer than 200 days to submit their cost or pricing data after a should-cost analysis is conducted. The bill mandates that the Secretary of Defense publicly note which contractors experience these delays in the federal system that tracks contractor performance and integrity. This legislation aims to increase transparency and accountability in the defense contracting process by making delays in pricing submissions more visible to government officials and the public. The bill does not specify new funding requirements or implementation timelines beyond requiring these modifications to existing federal tracking systems.
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