,,ii #aai? ,,congress #a/ ,session ,s4 #bhji ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,septemb] #af1 #bjbe,ms4 ,w>r5 7= h]self1 ,mr4 ,grassley1 ,ms4 ,ern/1 & ,ms4 ,slotk97 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,arm$ ,s]vices ,a ,,bill ,to require report+ ( price increases on noncompetitive contracts1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,transp>5cy 9 ,contract+ ,act ( #bjbe4 #b4 ,report+ ( price increases 7a7 ,report+ ( increases above specifi$ prices ,*apt] #bga ( title #aj1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+ new section3 #cgji4 ,report+ ( increases above specifi$ prices 7a7 ,9 g5]al ,an (f]or %all be requir$ to report to ! relevant contract+ (fic] n lat] ?an #cj days aft] becom+ aw>e t ! price ( a product or s]vice "u a cov]$ contract rea*es or exce$s-- 7#a7 #be p]c5t above ! price specifi$ 9 ! contract bid or ! gov]nm5t paid = t product or s]vice ! previ\s cal5d> ye>2 or 7#b7 #ej p]c5t above ! price paid = su* a product or s]vice #e ye>s e>li]4 7b7 ,cov]$ contract def9$ ,9 ?is section1 ! t]m cov]$ contract means a contract aw>d$ )\t competition "u section #cbjd ( ?is title & z def9$ "u section #f4cjb ( ! ,f$]al ,acquisition ,regulation4 4 7b7 ,inclusion ( noncompliance in=mation 9 ,,fapiis ,*apt] #bga ( title #aj1 ,unit$ ,/ates ,code1 z am5d$ by subsection 7a71 is fur!r am5d$ by add+ at ! end ! foll[+ new section3 #cgaj4 ,inclusion ( noncompliance in=mation 9 ,f$]al ,aw>dee ,p]=mance & ,integrity ,in=mation ,sy/em ,! ,director ( ! ,def5se ,contract ,audit ,ag5cy or ! relevant s]vice acquisition executive %all report 9 ! ,f$]al ,aw>dee ,p]=mance & ,integrity ,in=mation ,sy/em 7,,fapiis7 h\s$ )9 ! ,sy/em = ,aw>d ,managem5t ! foll[+ in=mation3 7#a7 ,contractors :o fail to report price increases z requir$ "u #cgje7;a77#b7 ( ?is title4 7#b7 ,updat$ f9d+s f audits conduct$ by ! ,ag5cy reg>d+ noncompliance ) ! requirem5t4 7#c7 ,) respect to unreport$ product or s]vice price increases1 ! product or s]vice's ,national ,/ock ,numb]1 ord] quantity1 unit co/1 total co/1 pur*as+ or reimburs+ entity1 & date ( ! ord]4 4