Sec. 1268. COMPTROLLER GENERAL OF THE UNITED STATES REPORT ON PRICING AND AVAILABILITY WITH RESPECT TO FOREIGN MILITARY SALES
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## SEC. 1268 COMPTROLLER GENERAL OF THE UNITED STATES REPORT ON PRICING AND AVAILABILITY WITH RESPECT TO FOREIGN MILITARY SALES ###
(a)Report Required Not later than one year after the date of the enactment of this Act, the Comptroller General of the United States shall submit to the appropriate committees of Congress a report on pricing and availability with respect to foreign military sales. The report shall include the following: ####
(1)An assessment of the purpose and role of pricing and availability within the foreign military sales process. ####
(2)An assessment of the guidance provided by the Department of Defense for the preparation of pricing and availability data for foreign military sales. ####
(3)An assessment of the assumptions, estimations, and sources of data used by the Department in the preparation of pricing and availability data for foreign military sales. ####
(4)An assessment of the degree of accuracy and transparency provided by the Department in preparing pricing and availability data during the foreign military sales process. ####
(5)An assessment of the factors that may account for discrepancies between prices of major items or services offered by the Department in pricing and availability data provided to foreign governments for foreign military sales and prices offered by relevant United States commercial entities for similar items or services, including— #####
(A)a description of the magnitude of the extent of differences in such prices; and #####
(B)a description of common discrepancies that account for such differences, including Department administrative fees, cost for training and spares, and other factors, including recurring factors. ####
(6)An assessment of the extent to which the Department has identified instances where discrepancies in pricing for major items or services resulted in the loss of a foreign military sale for a United States commercial entity. ####
(7)Any other matters the Comptroller General considers appropriate. ###
(b)Briefings The Comptroller General shall provide periodic briefings to the appropriate committees of Congress on any preliminary findings and recommendations of the Comptroller General as a result of work in furtherance of the report required by subsection (a). ###
(c)Appropriate Committees of Congress Defined In this section, the term “appropriate committees of Congress” means— ####
(1)the Committee on Armed Services and the Committee of Foreign Relations of the Senate; and ####
(2)the Committee on Armed Services and the Committee on Foreign Affairs of the House of Representatives.