PRICE Act of 2021
Summary
Promoting Rigorous and Innovative Cost Efficiencies for Federal Procurement and Acquisitions Act of 2021 or the PRICE Act of 2021 This bill directs the Management Directorate of the Department of Homeland Security (DHS) to publish an annual report on a DHS website on projects that have used innovative procurement techniques within DHS to accomplish specified goals. Such goals are improving or encouraging better competition, reducing time to award, achieving cost savings, achieving better mission outcomes, or meeting the goals for contracts awarded to small business concerns. The Management Directorate shall (1) develop and disseminate guidance and offer training for specified personnel concerning when and how to use such techniques, and (2) share best practices across DHS and make available to other federal agencies information to improve procurement methods and training. The Office of Federal Procurement Policy shall convene a Chief Acquisition Officers Council to examine best practices for acquisition innovation in contracting in the federal government.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2021
Committee Review
Jun 2021
Senate Passage
Jul 2021
House Passage
Feb 2022
Signed into Law
Feb 2022
Introduced Mar 3, 2021
Signed Feb 22, 2022
Floor votes · House Feb 7, 2022
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
21
Key actions
6
Committee
3
Feb 22, 2022
Signed into law
Signed by President.
executive
Feb 7, 2022
Lower · Passed
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 426 - 5 (Roll no. 34).
lower
Jul 29, 2021
Upper · Passed
Passed Senate with amendments by Unanimous Consent. (consideration: CR S5190-5192; text: CR S5191-5192)
upper
Jul 29, 2021
Upper · Passed
Passed/agreed to in Senate: Passed Senate with amendments by Unanimous Consent.(consideration: CR S5190-5192; text: CR S5191-5192)
upper
Jun 21, 2021
Upper · Passed
Committee on Homeland Security and Governmental Affairs. Reported by Senator Peters with amendments. With written report No. 117-26.
upper
Mar 17, 2021
Upper · Passed
Committee on Homeland Security and Governmental Affairs. Ordered to be reported without amendment favorably.
upper
Mar 3, 2021
Committee
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
upper
Mar 3, 2021
Introduced
Introduced in Senate
upper
1 primary · 3 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Gary C. Peters
DDemocratic
Co
Joni Ernst
RRepublican
Co
Susan M. Collins
RRepublican
Co
Thomas R. Carper
DDemocratic
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