Sec. 837. Should-cost management
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Not later than 180 days after the date of the enactment of this Act, the Secretary of Defense shall amend the Defense Supplement to the Federal Acquisition Regulation to provide for the appropriate use of the should-cost review process of a major weapon system in a manner that is transparent, objective, and provides for the efficiency of the systems acquisition process in the Department of the Defense. The regulations required under subsection
(a)shall incorporate, at a minimum, the following elements: A description of the features of the should-cost review process. Establishment of a process for communicating with the prime contractor on the program the elements of a proposed should-cost review. A method for ensuring that identified should-cost savings opportunities are based on accurate, complete, and current information and can be quantified and tracked. A description of the training, skills, and experience that Department of Defense and contractor officials carrying out a should-cost review in subsection
(a)should possess. A method for ensuring appropriate collaboration with the contractor throughout the review process. Establishment of review process requirements that provide for sufficient analysis and minimize any impact on program schedule.