An amendment to Title VIII (Procurement Reform) adding a new section: "Cost and Price Management in Defense Procurement". The amendment requires any defense agency responsible for acquisition of property (including major items) or services under contract shall require the contractor to keep records of the proposed and negotiated cost and pricing data by categories including labor, material, subcontract, overhead, general, administrative, recurring, and nonrecurring costs, and fees or profits.

passedUnited States· United States Congress· EN

Introduced

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Last action

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Status

Amendment Passed (Amended) in Committee of the Whole by Recorded Vote: 383 - 32 (Record Vote No: 195).

Records

Official amendment HAMDT 191 (99th) from United States at United States Congress. Status: Amendment Passed (Amended) in Committee of the Whole by Recorded Vote: 383 - 32 (Record Vote No: 195)..

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Related records

amends → Department of Defense Authorization Act, 1986

Sources

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Official source: https://www.congress.gov/amendment/99th-congress/hamdt-191
Open data entity: https://api.congress.gov/v3/amendment/99/hamdt/191
us · 99-hamdt-191 · source updated 30 June 2021