Search Results: keywords:"nontraditional defense contractors"

  • S. 5553 — To provide for the use of capability-based analysis of price of goods or services offered by nontraditional defense contractors.
    Status:Introduced in Senate
    Words:647

    S. 5553 aims to enable the Department of Defense to use an alternative method called capability-based analysis to assess whether prices quoted by nontraditional defense contractors for commercial products or services are fair and reasonable. This pilot program allows...

    Simple Explanation

    S. 5553 is a plan to help the Department of Defense check if prices from new companies are fair by looking at how special and good their products or services are. They will need to report how well this works by 2028 to see if they should keep doing it until 2029.

  • S. 5618 — To promote defense innovation, and for other purposes.
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    Status:Introduced in Senate
    Words:29,975

    The Fostering Reform and Government Efficiency in Defense Act seeks to enhance defense innovation through various measures. It proposes to streamline the defense acquisition process, transition certain roles to improve portfolio management, and implement new strategies for...

    Simple Explanation

    The Fostering Reform and Government Efficiency in Defense Act is like a plan to make buying tools for the military quicker and easier, but it could also make it so that not enough people are checking to see that money is spent wisely.

  • S. 4250 — To provide for a permanent extension and expansion of the pilot program for streamlining awards for innovative technology projects.
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    Status:Introduced in Senate
    Words:343

    S. 4250 seeks to make permanent and expand a pilot program aimed at simplifying the process for awarding contracts for innovative technology projects. It specifically allows contracts under $7.5 million, awarded to small businesses and nontraditional defense contractors, to...

    Simple Explanation

    S. 4250 is a plan to make it easier for small companies to win government contracts to create new and cool technology by skipping some of the usual money rules for smaller projects, which means these companies can show their great ideas without getting tangled up in too much paperwork.