Best Price for Our Military Act of 2025
Summary
The "Best Price for Our Military Act of 2025" aims to amend Title 10 of the United States Code by eliminating the late cost and pricing data submission defense for contractors. This means contractors can't justify inaccurate pricing based on late data submissions. The bill intends to ensure the military obtains the best possible prices in its contracts.
Expected Effects
The primary effect will be to hold contractors accountable for providing accurate and timely cost and pricing data. This could lead to lower contract costs for the Department of Defense. It may also incentivize contractors to improve their data submission processes.
Potential Benefits
- Potentially lower costs for military contracts, freeing up resources for other defense needs.
- Increased transparency and accountability in the contracting process.
- Reduced opportunities for contractors to exploit loopholes related to late data submissions.
- May incentivize more accurate and timely data reporting from contractors.
- Could lead to a more efficient procurement process.
Most Benefited Areas:
Potential Disadvantages
- Contractors may increase initial bids to compensate for the increased risk of liability for inaccurate data.
- Could lead to increased administrative burden for both contractors and the government.
- Potential for disputes and litigation over data accuracy and timeliness.
- May disproportionately affect smaller contractors with less sophisticated data management systems.
- Possible delays in contract negotiations as both parties scrutinize data more closely.
Most Disadvantaged Areas:
Constitutional Alignment
The bill falls under the legislative powers granted to Congress in Article I, Section 8 of the US Constitution, which includes the power to provide for the common defense and regulate the armed forces. The bill does not appear to infringe upon any specific constitutional rights or limitations. It is within the purview of Congress to establish rules and regulations for military procurement and contracting.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).