A bill to provide for the use of capability-based analysis of price of goods or services offered by nontraditional defense contractors.

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 5553 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 5553 To provide for the use of capability-based analysis of price of goods or services offered by nontraditional defense contractors. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES December 17 (legislative day, December 16), 2024 Mr. Cornyn introduced the following bill; which was read twice and referred to the Committee on Armed Services _______________________________________________________________________ A BILL To provide for the use of capability-based analysis of price of goods or services offered by nontraditional defense contractors. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. USE OF CAPABILITY-BASED ANALYSIS OF PRICE OF GOODS OR SERVICES OFFERED BY NONTRADITIONAL DEFENSE CONTRACTORS. (a) Pilot Program.--A contracting officer of the Department of Defense may use alternative capability-based analysis to determine whether the proposed price or fee for a commercial product or commerc…