Transparency in Contracting Act of 2025
Sponsored By: Senator Warren, Elizabeth [D-MA]
Introduced
Summary
New reporting for large price increases on noncompetitive Defense contracts. This bill would require contractors to disclose big post-award price hikes and would put failures to report on public contractor records to help acquisition officials spot and address overpricing.
Show full summary
- Contractors: Offerors on contracts awarded without competition would have to report when a product or service rises at least 25% over the contract bid or last year's price or at least 50% over the price from five years earlier.
- Acquisition and audit officials: The Director of the Defense Contract Audit Agency or the relevant service acquisition executive would add failures to report and audit findings to the Federal Awardee Performance and Integrity Information System, including data like National Stock Number, order quantity, unit cost, total cost, purchasing entity, and order date.
- Procurement oversight: Agencies would gain a public record of price jumps on noncompetitive buys so they can monitor vendors and apply performance consequences when warranted.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
New price reporting for defense contractors
This bill would require offerors on certain noncompetitive Department of Defense contracts to notify the contracting officer within 30 days if a product or service price reaches one of two thresholds. The first threshold is 25% above the contract bid price or the price the government paid in the previous calendar year. The second threshold is 50% above the price paid five years earlier. The Defense Contract Audit Agency or the relevant service acquisition executive would add contractors who fail to report and updated audit findings into the Federal Awardee Performance and Integrity Information System. For unreported increases, FAPIIS entries would include the product National Stock Number, order quantity, unit cost, total cost, purchasing or reimbursing entity, and order date.
Sponsors & CoSponsors
Sponsor
Warren, Elizabeth [D-MA]
MA • D
Cosponsors
Sen. Grassley, Chuck [R-IA]
IA • R
Sponsored 9/16/2025
Sen. Ernst, Joni [R-IA]
IA • R
Sponsored 9/16/2025
Elissa Slotkin
MI • D
Sponsored 9/16/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov