Sec. 506. Federal contractor compliance
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/bill/118/hr/8597/ih/section-506·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 2313(e)(2) of title 41, United States Code, is amended by adding at the end the following new subparagraph: The Inspector General of each Federal agency shall periodically— conduct an inspection or review of each contract file described in subparagraph
(B)to determine if the agency is providing appropriate consideration of the information included in the database established under subsection (a); and submit to the Committee on Homeland Security and Governmental Affairs of the Senate and the Committee on Oversight and Accountability of the House of Representatives a report containing the results of the inspection or review conducted under clause (i). . Subsection
(f)of section 2313 of such title is amended to read as follows: No funds appropriated or otherwise made available by any Act may be used for any Federal contract for the procurement of property or services in excess of the simplified acquisition threshold unless the contractor has first made the certifications set forth in section 52.209–5 of the Federal Acquisition Regulation. No funds appropriated or otherwise made available by any Act may be used for any Federal contract for the procurement of property or services in excess of $500,000 unless the contractor— certifies that the contractor has submitted to the Administrator of General Services the information required under subsection
(c)and that such information is current as of the date of such certification; or certifies that the contractor has cumulative active Federal contracts and grants with a total value of less than $10,000,000. . Not later than November 30 for the previous fiscal year, the Comptroller General of the United States shall annually submit a report to the appropriate congressional committees describing the extent to which suspended or debarred contractors on the Excluded Parties List System— are identified as having received Federal contracts on USAspending.gov; or were granted waivers from Federal agencies from suspension or debarment for purposes of entering into Federal contracts.