The Smart Pricing Practices Permanence Act seeks to make a significant change to an existing pilot program focused on streamlining government contracting. Specifically, it modifies and extends the pilot program established under Section 890 of the John S. McCain National Defense Authorization Act for Fiscal Year 2019, which is designed to accelerate contracting and pricing processes. A key provision of this bill is the removal of subsection (d) from the original act, which effectively makes the pilot program permanent rather than temporary. Furthermore, the bill reduces the administrative burden associated with the program by changing the reporting requirement from "minimal reporting" to " no unique reporting ," thereby simplifying its operation.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Armed Services.
Introduced in Senate
Read twice and referred to the Committee on Armed Services.
Armed Forces and National Security
Smart Pricing Practices Permanence Act
USA119th CongressS-2136| Senate
| Updated: 6/18/2025
The Smart Pricing Practices Permanence Act seeks to make a significant change to an existing pilot program focused on streamlining government contracting. Specifically, it modifies and extends the pilot program established under Section 890 of the John S. McCain National Defense Authorization Act for Fiscal Year 2019, which is designed to accelerate contracting and pricing processes. A key provision of this bill is the removal of subsection (d) from the original act, which effectively makes the pilot program permanent rather than temporary. Furthermore, the bill reduces the administrative burden associated with the program by changing the reporting requirement from "minimal reporting" to " no unique reporting ," thereby simplifying its operation.