Review of Federal Purchasing Practices
Official: Safe and Smart Federal Purchasing Act
This bill aims to evaluate whether the government's purchasing practices could harm national security. It ensures that the lowest price purchasing method is safe and effective.
Safe and Smart Federal Purchasing Act This bill requires the Office of Management and Budget (OMB) to evaluate the procurement activities of federal agencies to determine whether provisions of the Federal Acquisition Regulation related to the lowest price technically acceptable source selection process have created any national security risk and report to Congress.
1. The bill requires a review of how the government buys goods and services. 2. It focuses on the lowest price technically acceptable method used in purchasing. 3. The review will assess any risks this method may pose to national security. 4. A report on the findings must be submitted within 180 days of the bill's passage. 5. The review will involve both defense and civilian government agencies.
Government agencies and contractors that supply goods and services to the federal government.