Transparency in Contracting Act of 2025
This bill requires government contractors to report significant price increases on specific contracts. Contractors must notify the government within 30 days if prices for a product or service reach 25% above the current contract price or 50% above the price paid five years ago. It applies only to contracts awarded without competition (as defined by federal rules). Noncompliant contractors will have their failures listed in a public government database (FAPIIS), including details like product numbers, costs, and contract dates.
Bill status
in committee
1 of 4 stages cleared
Introduction
Sep 2025
Committee Review
Floor Vote
President
Introduced Sep 16, 2025
Last action Sep 16, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Sep 16, 2025
Committee
Read twice and referred to the Committee on Armed Services.
upper
Sep 16, 2025
Introduced
Introduced in Senate
upper
1 primary · 3 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Elizabeth Warren
DDemocratic
Co
Chuck Grassley
RRepublican
Co
Elissa Slotkin
DDemocratic
Co
Joni Ernst
RRepublican
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