Office of Federal Procurement Policy Act

[AI summary unavailable — showing source text] Office of Federal Procurement Policy Act - Declares the policies of Congress. Establishes in the Executive Office of the President an agency to be known as the Office of Federal Procurement Policy. Directs the Administrator of such Office to provide overall guidance and direction of procurement policy, and to the extent he considers appropriate, to prescribe policies and regulations which shall be followed by executive agencies in the area of procurement. States that the functions of the Administrator shall include the following: (1) establishing a system of government wide, coordinated, uniform procurement regulations; (2) establishing criteria and procedures for an effective method of soliciting the viewpoints of interested parties in the development of procurement policies; and (3) monitoring and revising as necessary policies and regulations concerning reliance on the private sector to provide needed goods and services. Sets forth the administrative powers of the Administrator. Directs the Administrator to submit a report to Congress annually, and at such other times as may be necessary, with recommendations for amendment or repeal of existing laws or adoption of new laws. Prov…