Description:
H.R. 4363 would require the Department of Homeland Security (DHS) to report daily on most department contract awards that have a value of more than $4 million, beginning six months after the bill’s enactment. The reports would need to include information about each contract award, including the contract value, timeline, and description. The bill would require DHS to maintain this information on a public website and make updates no later than five business days after a new contract is authorized or an existing contract is modified. Based on information provided by DHS, CBO expects the agency would need two new employees to compile contract information and produce the reports and approximately $750,000 each year for technology costs to maintain the website. Using historical patterns of spending for similar programs, CBO estimates the agency would spend about $1 million each year to implement the bill for a total of $5 million over the 2022-2026 period; such spending would be subject to the availability of appropriated funds.
