DHS Acquisition Documentation Integrity Act of 2017

[AI summary unavailable — showing source text] DHS Acquisition Documentation Integrity Act of 2017 This bill amends the Homeland Security Act of 2002 to direct the Department of Homeland Security (DHS) to require the head of a relevant component or office to: maintain acquisition documentation that is complete, accurate, timely, and valid and that includes operational requirements that are validated consistent with DHS policy, a complete lifecycle cost estimate, verification of such estimate against independent cost estimates, a cost-benefit analysis, and a schedule; prepare cost estimates and schedules for major acquisition programs in a manner consistent with best practices as identified by the Government Accountability Office; and submit certain acquisition documentation to DHS to produce an annual comprehensive report on the status of DHS acquisitions for submission to Congress. DHS may waive such submission requirement for such a program for a fiscal year if the program: (1) has not entered the full rate production phase in the acquisition lifecycle, had a reasonable cost estimate established, and had a system configuration defined fully; or (2) does not meet the definition of capital asset, as defined by the Office of Man…