[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5271 Introduced in House (IH)]

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118th CONGRESS
  1st Session
                                H. R. 5271

 To amend section 3702 of title 10, United States Code, to reduce the 
dollar threshold for requiring certified cost and pricing data, and for 
                            other purposes.


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                    IN THE HOUSE OF REPRESENTATIVES

                            August 25, 2023

 Mr. Deluzio introduced the following bill; which was referred to the 
                      Committee on Armed Services

_______________________________________________________________________

                                 A BILL


 
 To amend section 3702 of title 10, United States Code, to reduce the 
dollar threshold for requiring certified cost and pricing data, and for 
                            other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. REDUCE THRESHOLD FOR CERTIFIED COST AND PRICING DATA.

    (a) In General.--Section 3702 of title 10, United States Code, is 
amended--
            (1) in subsection (a)--
                    (A) by striking ``$2,000,000'' each place it 
                appears and inserting ``$750,000''; and
                    (B) in paragraph (1), by striking ``contract if'' 
                and all that follows and inserting the following: 
                ``contract if the price of the contract to the United 
                States is expected to exceed $750,000.''; and
            (2) by repealing subsection (f).
    (b) Modification of Prior Contracts.--Under subsection (a) of 3702 
of title 10, United States Code, in connection with a prime contract 
with respect to which such subsection applies and that was entered into 
before the date of the enactment of this Act, the head of the agency 
that entered into such contract shall modify the contract as soon as 
practicable to reflect paragraphs (2) and (3) of such subsection, as 
amended by subsection (a) of this Act, without requiring consideration.
    (c) Applicability.--The amendments made by subsection (a) of this 
Act to paragraph (1) of section 3702(a) of title 10, United States 
Code, shall apply only with respect to contracts entered into after the 
date of the enactment of this Act.
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