Stop Secret Spending Act of 2025

Bill 119 s 872, also known as the "Other Transaction Agreement Accountability Act of 2021," aims to amend the Federal Funding Accountability and Transparency Act of 2006. The main goal of this bill is to ensure that other transaction agreements (OTAs) are reported to USAspending.gov, a website that provides the public with information on federal spending.

OTAs are agreements that federal agencies use to work with non-traditional government contractors, such as small businesses and research institutions, to develop new technologies or innovative solutions. These agreements are often used to speed up the procurement process and encourage collaboration between the government and private sector.

The bill seeks to increase transparency and accountability by requiring federal agencies to report all OTAs to USAspending.gov. This will allow the public to see how taxpayer dollars are being spent through these agreements and hold agencies accountable for their use. In addition to reporting requirements, the bill also includes provisions to improve oversight of OTAs and ensure that they are being used appropriately. This includes requiring agencies to provide detailed information on the purpose, scope, and cost of each OTA, as well as any potential conflicts of interest. Overall, Bill 119 s 872 aims to increase transparency and accountability in federal spending by ensuring that OTAs are reported and monitored effectively. By providing the public with more information on these agreements, the bill seeks to promote greater trust in the government's use of taxpayer funds.