119th (2025–2027)
H.R. 5082
The Best Price for Our Military Act of 2025 closes a legal loophole that allows defense contractors to submit cost and pricing data late without penalty. Currently, contractors can defend themselves against fraud charges by claiming that late-submitted cost data was based on outdated information. This bill eliminates that defense by requiring contractors to submit accurate pricing data before finalizing contracts, or face liability if their data is more than 30 days old. The legislation directly affects defense contractors and subcontractors who work on federal military contracts. By tightening pricing transparency requirements, the bill aims to ensure the Department of Defense pays the lowest appropriate price for military goods and services without giving contractors excuses for submitting incomplete or tardy financial information.