Title 10 › Subtitle A — General Military Law › PART V — ACQUISITION › Subpart D — General Contracting Provisions › CHAPTER 271 — TRUTHFUL COST OR PRICING DATA (TRUTH IN NEGOTIATIONS) › § 3709
The Secretary of Defense must set up a program to speed up contracting and pricing for contracts larger than $50,000,000. The program must use real cost and price information from past Department of Defense buys of the same or similar items to decide if a price is fair. It must also cut down on the amount of cost and pricing paperwork contractors must submit under this chapter. The Secretary must work through the Under Secretary of Defense for Acquisition and Sustainment so senior contracting officials (top contracting leaders) can run the program effectively. The program must not favor any particular contract type or require special contract terms, and military department heads must not have extra, unique reporting duties to the Under Secretary about the program.
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Armed Forces, Source: USLM XML via OLRC
Legislative History
Reference
Citation
10 U.S.C. § 3709
Title 10, Armed Forces
Last Updated
Sep 22, 2026
Release point: 119-110