S. Rept. 116-315: Promoting Rigorous and Innovative Cost Efficiencies for Federal Procurement and Acquisitions Act of 2019, Report to Accompany S. 3038, December 14, 2020 [open pdf - 269KB]
From the Purpose and Summary: "The purpose of S. 3038, Promoting Rigorous and Innovative Cost Efficiencies for Federal Procurement and Acquisitions Act of 2019, or the PRICE Act of 2019, is to encourage innovation in Federal procurement. The PRICE Act encourages reform by identifying and promoting best practices to modernize how the Federal Government operates, including with regard to small business participation in the Federal marketplace. S. 3038 does this by requiring the Department of Homeland Security (DHS) to develop guidance and training to improve procurement methods based on the experience of its Procurement Innovation Lab (PIL). Additionally, S. 3038 requires the Administrator of the Office of Federal Procurement Policy (OFPP) to convene the Chief Acquisition Officers Council (CAO Council) to identify and widely disseminate best practices in modernizing Federal contracting, including utilizing small businesses."
S. Rept. 116-315; Senate Report 116-315
U.S. Government Publishing Office: http://www.gpo.gov/