3.0.0 3139 2017-12-15T00:28:38Z 2017-12-15T00:28:38Z Senate S S 2008-06-16 110 ssga00 Homeland Security and Governmental Affairs Committee Senate Standing Referred to 2008-06-16T19:26:42Z 2008-06-16 ssga00 Homeland Security and Governmental Affairs Committee Senate Read twice and referred to the Committee on Homeland Security and Governmental Affairs. IntroReferral 2008-06-16 Introduced in Senate IntroReferral 10000 9 Library of Congress C001041 Sen. Clinton, Hillary Rodham [D-NY] HILLARY CLINTON D NY R N Government Operations and Politics Administrative procedure Armed Forces and National Security Business ethics Commerce Conflict of interests Congress Congressional reporting requirements Corporate accountability Corporation taxes Data banks Defense contracts Defense procurement Department of Defense Department of Homeland Security Department of the Treasury Economics and Public Finance Federal budgets Finance and Financial Sector Financial statements Government contractors Government paperwork Government publicity Governmental investigations Income tax Information disclosure (Securities law) Inspectors general Internet Law Office of Management and Budget Performance measurement Science, Technology, Communications Subcontractors Tax evasion Taxation Taxation of foreign income Web sites Government Operations and Politics 00 2008-06-16 Introduced in Senate 2008-10-14T20:33:30Z Oversight of the Performance and Effectiveness of National Contracting Act of 2008 - States the policy of the U.S. government concerning the award of contracts or grants to companies organized in an offshore secrecy jurisdiction to avoid federal tax obligations. Prohibits such awards. Requires the Director of the Office of Management and Budget (OMB) and the Secretary of the Treasury to adopt and revise regulations and guidance as necessary to effect this prohibition.

Prohibits for one year (with exceptions) entry into or approval of any contract or subcontract with a company that files periodic reports under the Securities Exchange Act of 1934 and that has failed to certify the most recently due financial report as required by the Sarbanes-Oxley Act of 2002.

Prohibits award of a contract with an executive agency unless the contracting officer determines that the prospective contractor has a satisfactory record of integrity and business ethics, including satisfactory compliance with the law (including tax, labor and employment, environmental, antitrust, and consumer protection laws).

Prohibits entry into a covered contract (one in excess of $500,000 for the performance of functions closely associated with governmental functions) without a conflicts of interest clause described in this Act.

Requires every contract that provides for award fees to link the fees to successful acquisition outcomes.

Directs the Administrator of General Services to maintain a database of information regarding integrity and performance of persons awarded federal contracts and grants for use by federal officials having authority over contracts and grants.

Requires the OMB Director to maintain on the USASpending.gov website specified details concerning contractors, including information about the types of work, personnel involved, prices, fees, and performance.

Requires the Inspectors General of the Departments of Defense (DOD) and of Homeland Security to report to Congress on functions of the respective departments that are inherently governmental functions or closely associated with the performance of such functions and performed by contractor personnel. Requires the Secretaries of the departments to report plans for staffing such functions with department personnel and to incrementally increase staffing of such functions by their personnel.

]]> Oversight of the Performance and Effectiveness of National Contracting Act of 2008 Short Titles as Introduced Oversight of the Performance and Effectiveness of National Contracting Act of 2008 Display Title Oversight of the Performance and Effectiveness of National Contracting Act of 2008 Official Title as Introduced A bill to provide for greater accountability and transparency in the Federal contracting process, and for other purposes. Introduced in Senate 2008-06-16T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s3139is/xml/BILLS-110s3139is.xml 2008-06-16 Read twice and referred to the Committee on Homeland Security and Governmental Affairs. 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. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.