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Transparency in Government Contracts Act
12/15/2023, 3:55 PM
Summary of Bill HR 1744
Bill 118 hr 1744, also known as the Transparency in Government Contracts Act, aims to increase transparency and accountability in government contracting processes. The bill requires all federal agencies to publicly disclose information about their contracts, including the names of contractors, the value of the contracts, and the services or goods provided. This information will be made available on a centralized website for easy access by the public.
Additionally, the bill mandates that all government contracts over a certain dollar amount must undergo a competitive bidding process to ensure that taxpayer dollars are being spent efficiently and effectively. This process will help prevent favoritism and ensure that contracts are awarded based on merit and value.
Furthermore, the Transparency in Government Contracts Act includes provisions to protect whistleblowers who report fraud, waste, or abuse in government contracting. Whistleblowers will be shielded from retaliation and provided with legal protections to encourage them to come forward with information about unethical practices. Overall, the Transparency in Government Contracts Act seeks to promote transparency, accountability, and fairness in government contracting processes to ensure that taxpayer dollars are being used responsibly and ethically.
Additionally, the bill mandates that all government contracts over a certain dollar amount must undergo a competitive bidding process to ensure that taxpayer dollars are being spent efficiently and effectively. This process will help prevent favoritism and ensure that contracts are awarded based on merit and value.
Furthermore, the Transparency in Government Contracts Act includes provisions to protect whistleblowers who report fraud, waste, or abuse in government contracting. Whistleblowers will be shielded from retaliation and provided with legal protections to encourage them to come forward with information about unethical practices. Overall, the Transparency in Government Contracts Act seeks to promote transparency, accountability, and fairness in government contracting processes to ensure that taxpayer dollars are being used responsibly and ethically.
Read the Full Bill
Current Status of Bill HR 1744
Bill HR 1744 is currently in the status of Bill Introduced since March 23, 2023. Bill HR 1744 was introduced during Congress 118 and was introduced to the House on March 23, 2023. Bill HR 1744's most recent activity was Referred to the House Committee on Small Business. as of March 23, 2023
Bipartisan Support of Bill HR 1744
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
62Democrat Cosponsors
62Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 1744
Primary Policy Focus
CommerceAlternate Title(s) of Bill HR 1744
Transparency in Government Contracts Act
Transparency in Government Contracts Act
To require the Small Business Administration to disaggregate data on Federal contracts awarded to small business concerns owned and controlled by socially and economically disadvantaged individuals in certain reports, and for other purposes.
Comments
Sponsors and Cosponsors of HR 1744
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