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Code · STATUTE-COMPILATIONS · Promoting Rigorous and Innovative Cost Efficiencies for Federal Procurement and Acquisitions Act of 2021 · Sec. 4

Sec. 4. PROCUREMENT INNOVATION LAB REPORT

192 words·~1 min read·/statute-compilations/comps-16794/sec-4

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## SEC. 4 PROCUREMENT INNOVATION LAB REPORT ###
(a)Report The Under Secretary shall publish an annual report on a website of the Department on Procurement Innovation Lab projects that have used innovative techniques within the Department to accomplish— ####
(1)improving or encouraging better competition; ####
(2)reducing time to award; ####
(3)cost savings; ####
(4)better mission outcomes; or ####
(5)meeting the goals for contracts awarded to small business concerns under section 15(g) of the Small Business Act (15 U.S.C. 644(g)). ###
(b)Education The Under Secretary shall develop and disseminate guidance and offer training for contracting officers, contracting specialists, program managers, and other personnel of the Department, as determined appropriate by the Under Secretary, concerning when and how to use the innovative procurement techniques of the Department. ###
(c)Best Practices The Under Secretary shall share best practices across the Department and make available to other Federal agencies information to improve procurement methods and training, as determined appropriate by the Under Secretary. ###
(d)Sunset This section shall cease to be effective on the date that is 3 years after the date of enactment of this Act.
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Sec. 4
PROCUREMENT INNOVATION LAB REPORT
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