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Code · BILL · 117th Congress · H.R. 8007 (Introduced in House) — To prevent price gouging at the Department of Defense. · Sec. 2

Sec. 2. Strengthening truth in negotiations act provisions

156 words·~1 min read·/bill/117/hr/8007/ih/section-2

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Section 3702(a)(1) of title 10, United States Code, is amended by striking only expected to receive one bid shall be required and replacing with only expected to have one offeror, or for which award of a cost-reimbursement contract is contemplated regardless of the number of offers received, shall be required . Section 3703(a) of title 10, United States Code, is amended— in paragraph (1)(A), by striking adequate competition and all that follows through bids and inserting adequate price competition, except for the award of a cost-reimbursement contract, that results in at least two responsive and viable competing offerors ; and in paragraph (2), by inserting based on adequate price competition that results in at least two responsive and responsible offers after commercial service .
Section 3503(a)(2) of title 41, United States Code is by inserting after commercial service the following: based on adequate price competition that results in at least two responsive and responsible offers .
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