Transparency in Technological Acquisitions Act of 2017

Bill 115 hr 1353, also known as the Transparency in Technological Acquisitions Act of 2017, aims to increase transparency and accountability in the acquisition of technology by the US government. The bill requires federal agencies to provide detailed justifications for their technology acquisitions, including an analysis of the costs and benefits of the proposed technology, as well as an assessment of potential risks and alternatives.

Additionally, the bill requires agencies to publish their technology acquisition justifications on a publicly accessible website, allowing for greater oversight and scrutiny by the public and Congress. This increased transparency is intended to prevent wasteful spending and ensure that the government is making informed decisions when acquiring new technology.

The bill also establishes a Technology Investment Oversight Board, which will be responsible for reviewing and approving major technology acquisitions by federal agencies. This board will help ensure that agencies are following best practices and making sound investments in technology. Overall, the Transparency in Technological Acquisitions Act of 2017 seeks to promote accountability and efficiency in the government's technology acquisitions, ultimately benefiting taxpayers and improving the effectiveness of government operations.