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S. 2916 · 110th Congress

Guaranteeing Real Accountability in Federal Transactions Act

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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

2 cosponsors · 2 D

0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Guaranteeing Real Accountability in Federal Transactions Act - Requires a government contractor that has reasonable grounds to believe it has violated a criminal law or received a significant overpayment in connection with the award or performance of a covered contract to notify the Office of Inspector General of the awarding executive agency within 14 days…

What it does: CRS summary · Introduced in Senate · Apr 24, 2008

Guaranteeing Real Accountability in Federal Transactions Act - Requires a government contractor that has reasonable grounds to believe it has violated a criminal law or received a significant overpayment in connection with the award or performance of a covered contract to notify the Office of Inspector General of the awarding executive agency within 14 days of becoming aware of the violation or overpayment. Provides for debarment or suspension for knowingly failing to notify.

Defines a "covered contract" as one for more than $1 million.

Requires reported violations and overpayments to be listed on the searchable website established and maintained under the Federal Funding Accountability and Transparency Act of 2006.

Requires the Director of the Office of Management and Budget (OMB) to report to Congress annually on such violations and overpayments.

Prohibits covered contractors from prohibiting or restricting persons from engaging in actions for which a protection against reprisal is provided under the Federal Property and Administrative Services Act of 1949. Makes provisions of a covered contract or a contract between a covered contractor and an employee performing work under such contract that limit or restrain an individual from engaging in such actions invalid and void.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Guaranteeing Real Accountability in Federal Transactions Act

Latest action (Apr 24, 2008): Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Policy area: Government Operations and Politics · Origin: Senate · Introduced: Apr 24, 2008

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.