Contracting Data and Bundling Accountability Act of 2014

[AI summary unavailable — showing source text] Contracting Data and Bundling Accountability Act of 2014 - Amends the Small Business Act to direct the Administrator of the Small Business Administration (SBA) to develop and implement a plan to improve the quality of data reported on bundled and consolidated contracts in the federal procurement data system. Requires the plan to: (1) describe the roles and responsibilities of the Administrator, the Directors of the Offices of Small and Disadvantaged Business Utilization, the Small Business Procurement Advisory Council, the Administrator of the Office of Federal Procurement Policy, the Administrator of the General Services Administration, the senior procurement executives, and Chief Acquisition Officers in implementing the plan and contributing to the required annual report; (2) make necessary changes to policies and procedures, including personnel training procedures, on proper identification and mitigation of contract bundling and consolidation; (3) establish consequences for failure to properly identify contracts as bundled or consolidated; (4) establish requirements for periodic and statistically valid data verification and validation; and (5) assign clear data verification resp…