A bill to amend section 3726 of title 31, United States Code, relating to payment for transportation, to permit prepayment audits for selected transportation bills, to permanently authorize payment of transportation audit contractors from carrier overpayments collected, and to authorize net overpayments collected to be transferred to the Treasury.

[AI summary unavailable — showing source text] Directs the Administrator of General Services to prescribe regulations under which carriers or freight forwarders may be paid for claims against the Government for transportation services before the Administrator conducts an audit. (Current provisions require such payment before an audit.) Requires that expenses of transportation audit contracts be financed from overpayments collected from carriers on transportation bills paid by the Government and other similar type refunds at not to exceed 40 percent of annual collections. Prohibits payment to any contractor from exceeding 50 percent of the overpayments identified by any contract audit. Requires the transfer of the balance of overpayments collected to miscellaneous receipts of the Treasury. Requires the Administrator to include transactions under this Act in budget estimates to the Director of the Office of Management and Budget and to the Congress.…