The Accountability in Contracting Act

March 8, 2007
The Oversight Committee is now holding a markup on four bills: The Presidential Donation Reform Act, the Presidential Records Act Amendments, the Freedom of Information Act Amendments, and the Accountability in Contracting Act.

Watch the markup live >>

We've covered the first two previously, including video highlights of the hearing on the Presidential Records Act Amendments. Now this from the Committee on Oversight and Government Reform:

Chairman Waxman Introduces the Accountability in Contracting Act

On March 6, 2007, Rep. Henry A. Waxman introduced H.R. 1362, the "Accountability in Contracting Act." The legislation would change federal acquisition law to require agencies to limit the use of abuse-prone contracts, to increase transparency and accountability in federal contracting, and to protect the integrity of the acquisition workforce.

Provisions: Limiting the Length of Noncompetitive Contracts, Minimizing No-Bid Contracts, Minimizing Cost-Plus Contracts, Public Disclosure of Justifications for No-Bid Contracts, Disclosing Contractor Overcharges, Funding Contract Oversight, Closing the Revolving Door.