118 HR 7253 IH: Best Price for Our Military Act of 2024 U.S. House of Representatives 2024-02-06 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I118th CONGRESS2d SessionH. R. 7253IN THE HOUSE OF REPRESENTATIVESFebruary 6, 2024Mr. Deluzio (for himself and Mr. Moylan) introduced the following bill; which was referred to the Committee on Armed ServicesA BILLTo amend section 3706 of title 10, United States Code, to eliminate the submission of cost and pricing data after agreeing on the contract price as a defense to contract price adjustments for defective cost and pricing data, and for other purposes.

1.

Short title

This Act may be cited as the Best Price for Our Military Act of 2024.

2.

Elimination of late cost and pricing data submission defense

Section 3706(c) of title 10, United States Code, is amended—(1)in paragraph (3) by striking or at the end;(2)in paragraph (4) by striking the period and inserting ; or; and(3)by adding at the end the following:(5)the cost or pricing data were submitted by the prime contractor or subcontractor after the date of agreement on the price of the contract (or price of the modification) or, if applicable consistent with subsection (a)(2), such other date agreed upon between the parties..