Sec. 814. COST OR PRICING DATA REPORTING REQUIREMENTS FOR DEPARTMENT OF DEFENSE CONTRACTS

305 words·~1 min read·/statute-compilations/comps-16736/sec-814

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

## SEC. 814 COST OR PRICING DATA REPORTING REQUIREMENTS FOR DEPARTMENT OF DEFENSE CONTRACTS ###

(a)Cost or Pricing Data ####

(1)In general Section 2306a(a)(1) of title 10, United States Code, is amended— #####

(A)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.”; #####

(B)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 #####

(C)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.”. ####

(2)Applicability **[**[10 U.S.C. 2306a note](/us/usc/t10/s2306a)**]** 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. ###

(b)Report ####

(1)In general 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. ####

(2)Elements The report required under paragraph

(1)shall include the following elements: #####

(A)Data to illustrate any efficiencies achieved, costs avoided, and acquisition timelines improved. #####

(B)Analysis of associated costs to the Federal Government, if any. #####

(C)Analysis of underlying causes or factors that limited the benefits described in subparagraph (A). #####

(D)Other matters the Secretary deems appropriate. ####

(3)Form The report required under paragraph

(1)shall be in an unclassified form but may contain a classified annex.

Connections1 off-index

1 reference not yet in our index

10 USC 2306a

Citation graph

cites case law

Sec. 814

COST OR PRICING DATA REPORTING REQUIREMENTS FOR DEPARTMENT OF DEFENSE CONTRACTS

Cite10 USC 2306a

Cites 1Cited by 0 across 0 sources