Service Contract Modernization Act

Hozzl · 2023-12-14T12:27:36Z

Explore the details of Senate Bill 335 Service Contract Modernization Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Government Operations and Politics. Stay informed on legislative developments.

12/14/2023, 12:27 PM

Summary of Bill S 335

Bill 118 s 335, also known as the Service Contract Modernization Act, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to update and modernize the regulations surrounding service contracts in order to improve efficiency and effectiveness in government contracting.

The bill includes provisions that aim to streamline the process of awarding service contracts, reduce administrative burdens on contractors, and increase transparency and accountability in government contracting. It also seeks to promote competition among contractors and ensure that taxpayer dollars are being spent wisely.

One key aspect of the Service Contract Modernization Act is the establishment of a centralized database for service contracts, which would make it easier for government agencies to track and manage their contracts. This database would also provide greater visibility into the performance of contractors and help identify areas for improvement. Additionally, the bill includes measures to strengthen oversight and enforcement of service contracts, including requirements for regular performance evaluations and audits. It also includes provisions to address issues such as contract bundling and the use of lowest price technically acceptable (LPTA) criteria in contract awards. Overall, the Service Contract Modernization Act aims to modernize and improve the way that service contracts are awarded and managed by the government. By promoting competition, increasing transparency, and enhancing oversight, the bill seeks to ensure that taxpayer dollars are being used efficiently and effectively in the procurement of services.

Congressional Summary of S 335

Service Contract Modernization Act

This bill increases a threshold used to determine whether an employee of a federal services contractor or subcontractor is entitled to wages and fringe benefits prevailing in the locality where services are performed (or in a predecessor contractor's collective bargaining agreement).

Under current law, a federal contractor or subcontractor that enters into a service contract in excess of $2,500 must comply with prevailing wage and related requirements. This bill increases that amount by adjusting it for inflation since 1965 and provides for future increases based on inflation.

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Current Status of Bill S 335

Bill S 335 is currently in the status of Bill Introduced since February 9, 2023. Bill S 335 was introduced during Congress 118 and was introduced to the Senate on February 9, 2023. Bill S 335's most recent activity was Read twice and referred to the Committee on Homeland Security and Governmental Affairs. as of February 9, 2023

Bipartisan Support of Bill S 335

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 335

Primary Policy Focus

Government Operations and Politics

Potential Impact Areas

Employee benefits and pensionsInflation and pricesPublic contracts and procurementWages and earnings

Alternate Title(s) of Bill S 335

Service Contract Modernization ActService Contract Modernization ActA bill to establish a socioeconomic labor threshold and use that threshold for purposes of chapter 67 of title 41, United States Code.

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Comments

Sponsors and Cosponsors of S 335

James Lankford

Oklahoma(Republican)

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