Transparency in Contracting Act of 2025

This bill would require companies holding Department of Defense contracts awarded without competition to tell the contracting officer within 30 days when the price of a product or service rises to certain levels. Reporting would be required when a price reaches 25 percent above the contract bid price or the price paid the previous year, or 50 percent above the price paid five years earlier. The Defense Contract Audit Agency or the relevant service acquisition executive would list contractors who fail to report these increases in a federal contractor performance database. That listing would include audit findings and details about each unreported price increase, such as the item's stock number, quantity, unit cost, and order date.

Full text and official record on Congress.gov

Sponsors

• Elizabeth Warren Democrat sponsor
• 3 cosponsors