Sec. 814. Cost or pricing data reporting requirements for Department of Defense contracts
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Section 2306a(a)(1) of title 10, United States Code, is amended— in subparagraph (B), by striking contract if and all that follows through the period at the end and inserting contract if the price adjustment is expected to exceed $2,000,000. ; in subparagraph (C), by striking section and and all that follows through the period at the end and inserting section and the price of the subcontract is expected to exceed $2,000,000. ; and in subparagraph (D), by striking subcontract if and all that follows through the period at the end and inserting subcontract if the price adjustment is expected to exceed $2,000,000. .
The amendments made by this subsection shall apply to any contract, or modification or change to a contract, entered into on or after the date of the enactment of this Act. Not later than July 1, 2022, the Secretary of Defense, in consultation with the Secretaries of the military departments, shall provide to the congressional defense committees a report analyzing the impact, including any benefits to the Federal Government, of the amendments made by this section. The report required under paragraph
(1)shall include the following elements: Data to illustrate any efficiencies achieved, costs avoided, and acquisition timelines improved. Analysis of associated costs to the Federal Government, if any. Analysis of underlying causes or factors that limited the benefits described in subparagraph (A). Other matters the Secretary deems appropriate. The report required under paragraph
(1)shall be in an unclassified form but may contain a classified annex.