H.R. 7253House118th Congress (2023-2025)In Committee

Best Price for Our Military Act of 2024

Introduced February 6, 2024

AI-Generated Summary

Updated January 20, 2026 at 2:32 PM UTC

The Best Price for Our Military Act of 2024 changes how the Department of Defense handles contract pricing disputes. It removes the ability of prime contractors or subcontractors to use late submission of cost or pricing data as a defense against price adjustments after a contract price has been agreed. The change applies to all DoD contracts and modifications where cost or pricing data are required.

Key Provisions

  • Amends 10 U.S.C. §3706(c) by revising the language and punctuation to add a new paragraph (5).
  • Paragraph (5) states that cost or pricing data submitted after the contract price (or modification price) is agreed cannot be used as a defense to contract price adjustments.

Legislative Activity

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HouseIntro Referral Latest Action

Referred to the House Committee on Armed Services.

February 6, 2024

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HouseIntro Referral

Introduced in House

February 6, 2024

HouseIntro Referral

Referred to the House Committee on Armed Services.

February 6, 2024

Bill Text

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Introduced in HouseIssued February 6, 2024

I

118th CONGRESS

2d Session

H. R. 7253

IN THE HOUSE OF REPRESENTATIVES

February 6, 2024

Mr. Deluzio (for himself and Mr. Moylan) introduced the following bill; which was referred to the Committee on Armed Services

A BILL

To amend section 3706 of title 10, United States Code, to eliminate the submission of cost and pricing data after agreeing on the contract price as a defense to contract price adjustments for defective cost and pricing data, and for other purposes.

1.

Short title

This Act may be cited as the Best Price for Our Military Act of 2024.

2.

Elimination of late cost and pricing data submission defense

Section 3706(c) of title 10, United States Code, is amended—

(1)

in paragraph (3) by striking or at the end;

(2)

in paragraph (4) by striking the period and inserting ; or; and

(3)

by adding at the end the following:

(5)

the cost or pricing data were submitted by the prime contractor or subcontractor after the date of agreement on the price of the contract (or price of the modification) or, if applicable consistent with subsection (a)(2), such other date agreed upon between the parties.

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