#aagth ,,congress  #b;d ,session  ,s4   
#cije  ,,an ,,act  ,to prevent          
organizational conflicts of interest in 
,federal acquisition1 and for other     
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,preventing         
,organizational ,conflicts of ,interest 
in ,federal ,acquisition ,act4  #b4     
,preventing organizational conflicts of 
interest in federal acquisition  7a7 ,in
 general ,not later than #ah months     
after the date of the enactment of this 
,act1 the ,federal ,acquisition         
,regulatory ,council shall revise the   
,federal ,acquisition ,regulation-- 7#a7
 to provide and update-- 7,a7           
definitions related to specific types of
 organizational conflicts of interest1  
including unequal access to information1
 impaired objectivity1 and biased ground
 rules2  7,b7 definitions1 guidance1 and
 illustrative examples related to       
relationships of contractors with       
public1 private1 domestic1 and foreign  
entities that may cause contract support

 to be subject to potential             
organizational conflicts of interest1   
including undue influence2 and  7,c7    
illustrative examples of situations     
related to the potential organizational 
conflicts of interest identified under  
this paragraph1 including an example of 
the awarding by a ,federal regulatory   
agency of a contract for consulting     
services to a contractor if employees of
 the contractor performing work under   
such contract are permitted by the      
contractor to simultaneously perform    
work under a contract for a private     
sector client under the regulatory      
purview of such agency2  7#b7 to provide
 executive agencies with solicitation   
provisions and contract clauses to avoid
 or mitigate organizational conflicts of
 interest1 for agency use as needed1    
that require contractors to disclose    
information relevant to potential       
organizational conflicts of interest and
 limit future contracting with respect  
to potential conflicts of interest with 

the work to be performed under awarded  
contracts2  7#c7 to allow executive     
agencies to tailor such solicitation    
provisions and contract clauses as      
necessary to address risks associated   
with conflicts of interest and other    
considerations that may be unique to the
 executive agency2  7#d7 to require     
executive agencies-- 7,a7 to establish  
or update as needed agency conflict of  
interest procedures to implement the    
revisions to the ,federal ,acquisition  
,regulation made under this section2 and
  7,b7 to periodically assess and update
 such procedures as needed to address   
agency-specific conflict of interest    
issues2 and  7#e7 to update the         
procedures set forth in section #i4ejf  
of the ,federal ,acquisition ,regulation
 to permit contracting officers to take 
into consideration professional         
standards and procedures to prevent     
organizational conflicts of interest to 
which an offeror or contractor is       
subject4  7b7 ,executive agency defined 

,in this section1 the term executive    
agency has the meaning given the term in
 section #acc of title #da1 ,united     
,states ,code4  ,passed the ,senate     
,august #a1 #bjbb4,secretary