Federal Acquisition and Contracting Transparency Act of 2021
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Mar 25, 2021)
Federal Acquisition and Contracting Transparency Act of 2021 or FACT Act
This bill requires the Federal Acquisition Regulatory Council to amend the Federal Acquisition Regulation to require that a contractor, as a condition for being awarded a contract for the procurement of goods or services, disclose recent or current contracts or commercial ties with certain Chinese entities.
The General Services Administration must establish and maintain a public database containing information about disclosed contracts.
What just happenedMar 25, 2021
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Who’s behind it
- Introduced in SenateMar 25, 2021
- Mar 25, 2021IntroReferral
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Homeland Security and Governmental Affairs Committee - Mar 25, 2021IntroReferral10000
Introduced in Senate