Transparency in Contracting Act of 2025
Sens. Warren and Grassley Introduce Bipartisan Bill to Track Price Gouging in Defense Contracts
The Transparency in Contracting Act of 2025 is currently in the early stages of the legislative process. It was recently introduced and sent to the Senate Committee on Armed Services for review. The bill is actively moving forward as it waits for the committee to discuss its next steps.
Legislative Progress
The bill has strong bipartisan support from high-profile senators and addresses government waste, but defense industry lobbying often slows down changes to contracting rules.
Key Points
Impact Analysis
Personal Impact
Small businesses holding sole-source defense contracts would face new reporting requirements when prices rise above set thresholds. This adds a compliance burden, but could also level the playing field if large contractors face more scrutiny. Companies that keep prices fair would not be affected, while those unable to justify increases could lose future contract opportunities.
“Contractors who fail to report price increases as required under 3705(a)(2) of this title.”
Milestones
Read twice and referred to the Committee on Armed Services.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
Related News
3 articles
Boeing Parts Costs Push Senators to Target Defense Price Gouging
Sens. Elizabeth Warren, Chuck Grassley, and Joni Ernst introduced bipartisan legislation requiring defense contractors to notify the government if prices for spare parts on noncompetitive contracts jump by more than 25% in a year or 50% over five years.
Warren, Grassley, Ernst Introduce Bipartisan Bill to Stop Price Gouging by Defense Contractors
A new bipartisan push in the Senate aims to curb 'unconscionable' price hikes by military contractors. The Transparency in Contracting Act would mandate reporting for significant price increases on sole-source contracts, using a federal database to track non-compliant companies.
Senators cite $80 soap dispensers in push for defense contract transparency
Lawmakers are pointing to egregious examples of overcharging, such as the Air Force paying thousands of dollars for simple parts, to justify a new bill that would force contractors to report major price increases to the Pentagon within 30 days.
Source Information
Document Type
Congressional Bill
Official Title
Transparency in Contracting Act of 2025
Data Sources
Sponsor
Cosponsors
(3)Analysis generated by AI. Always verify with official sources.