President Donald Trump signed Monday the John S. McCain National Defense Authorization Act for Fiscal Year 2019 that would authorize $717 billion in FY 2019 defense budget.
âThe final conference report recognizes the critical role that contractors play in the Defense Departmentâs mission success, and when implemented, many provisions will help ensure that the federal government purchases services in an effective and efficient manner,â David Berteau, PSC president and CEO, said in a statement published Aug. 13.
Those provisions include limitations on the use of âlowest-price technically-acceptableâ factors for some information technology and professional services; establishment of a standard definition of the procurement administrative lead time; and restoration of prompt payments to small businesses that support DoD as subcontractors.