Section 1 Short title
This Act may be cited as the “Contractor Accountability and Transparency Act of 2016”.
A BILL
To require the posting online of certain government contracts.
“4713. Requirement to post contracts online
“(a) In general—The head of each executive agency shall post each covered contract entered into by that agency on a publicly available website in a searchable format.
“(b) Exclusion of certain information—Contracts containing national security sensitive or classified information or trade secrets or other proprietary information may be redacted as determined appropriate by the head of the contracting agency.
“(c) Covered contracts—In this section, the term covered contract means a contract for the procurement of property or services with a value greater than the simplified acquisition threshold.”