The Transparency in Government Contracts Act aims to increase transparency and accountability in federal government contracts by requiring agencies to disclose details of their contracts, including the names of contractors, contract amounts, and performance evaluations. The bill seeks to enhance oversight, prevent fraud, and ensure that taxpayer dollars are spent efficiently. It also aims to improve competition among contractors and promote fair practices in the procurement process. If enacted, this legislation could lead to greater public trust in government contracting processes and more effective use of public funds.
2023-03-23: Introduced in House
2023-03-23: Referred to the House Committee on Small Business.
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