This bill, the "Transparency in Contracting Act of 2025," requires offerors on noncompetitive government contracts to report significant price increases to contracting officers. Contractors must notify officials within 30 days if a product or service price on a covered contract rises 25 percent above the previous year's price or 50 percent above the price paid five years prior. A covered contract is defined as one awarded without competition. To enforce these requirements, the legislation mandates that the Director of the Defense Contract Audit Agency or service acquisition executives report contractor noncompliance into the Federal Awardee Performance and Integrity Information System (FAPIIS) . This includes details about contractors failing to report price increases and specific information, such as unit cost and total cost, for any unreported price hikes, promoting greater accountability in federal contracting.