Sec. 867. GAO report on Department of Defense contract financing and commercial best practices
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Congress finds as follows: In a 2019 report, the Comptroller General of the United States directed the Department of Defense to ensure it conducts a comprehensive assessment of the effect that its contract financing and profit policies have on the defense industry and update that assessment on a recurring basis. The Department of Defense has commissioned an independent study to evaluate— free cash flow in the defense sector; impacts to cash flow depending on contract type and financing; financing and its impact on small businesses; and the government accounting system requirements for contractors.
Not later than 6 months after the date of the completion of the study described in subsection (a)(2), the Comptroller General of the United States shall submit to the congressional defense committees a report assessing such study, including an evaluation of the tools and authorities the Department of Defense has available to ensure fair and reasonable pricing of commercial products and services.