Vinson-Trammell Act Amendments of 1979

Summary

Vinson-Trammell Act Amendments of 1979 - Amends the Vinson-Trammell Act to prohibit the Secretary of Defense from making a noncompetitive national defense contract unless the contractor agrees to: (1) pay any excess profit to the United States; (2) make no subcontract in order to evade any provisions of this Act; and (3) make no first tier subcontract unless the subcontractor also agrees to such provisions (present section sets forth aircraft contract requirements). Directs the Secretary to prescribe regulations to carry out this Act. Authorizes the Secretary to: (1) collect any profits owed by a contractor by setoff against any amounts due such contractor; or (2) waive the requirements of this Act with regard to any contract or subcontract. Requires the Secretary to submit an annual report to the Congress concerning actions taken under this Act. Repeals provisions setting forth naval vessel contract requirements.

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Documents

1 official file

• Introduced in House

  summary · EN · 27 September 1979

  Open at official source

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