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SENATE 583117th CongressBecame Public Law No: 117-88.

PRICE Act of 2021

Last Action
2/22/2022

Actions

  • 2022-02-22Became Public Law No: 117-88.
  • 2022-02-22Became Public Law No: 117-88.
  • 2022-02-22Signed by President.
  • 2022-02-22Signed by President.
  • 2022-02-14Presented to President.
  • 2022-02-14Presented to President.
  • 2022-02-07Motion to reconsider laid on the table Agreed to without objection.
  • 2022-02-07On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 426 - 5 (Roll no. 34).
  • 2022-02-07Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 426 - 5 (Roll no. 34).
  • 2022-02-07Considered as unfinished business. (consideration: CR H995-996)
  • 2022-02-01At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
  • 2022-02-01DEBATE - The House proceeded with forty minutes of debate on S. 583.
  • 2022-02-01Considered under suspension of the rules. (consideration: CR H315-317; text: CR H315-316)
  • 2022-02-01Ms. Wasserman Schultz moved to suspend the rules and pass the bill.
  • 2021-07-30Held at the desk.

Showing 15 of 20 actions. Full history on Congress.gov.

CRS Summary

As of 2022-02-22 (49)

Promoting Rigorous and Innovative Cost Efficiencies for Federal Procurement and Acquisitions Act of 2021 or the PRICE Act of 2021

This bill directs the Management Directorate of the Department of Homeland Security (DHS) to publish an annual report on a DHS website on projects that have used innovative procurement techniques within DHS to accomplish specified goals.

Such goals are

  • improving or encouraging better competition,
  • reducing time to award,
  • achieving cost savings,
  • achieving better mission outcomes, or
  • meeting the goals for contracts awarded to small business concerns.

The Management Directorate shall (1) develop and disseminate guidance and offer training for specified personnel concerning when and how to use such techniques, and (2) share best practices across DHS and make available to other federal agencies information to improve procurement methods and training.

The Office of Federal Procurement Policy shall convene a Chief Acquisition Officers Council to examine best practices for acquisition innovation in contracting in the federal government.

Cosponsors (3)

  • Joni Ernst (R-IA)
  • Thomas Carper (D-DE)
  • Susan Collins (R-ME)

Subjects

  • Advisory bodies
  • Competition and antitrust
  • Congressional oversight
  • Government information and archives
  • Office of Management and Budget (OMB)
  • Public contracts and procurement
  • Small business

Became law: Pub. L. 117-88

Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.