S. Rept. 117-120: DHS Contract Reporting Act of 2021, Report to Accompany H.R. 4363, Including Cost Estimate of the Congressional Budget Office [open pdf - 309KB]
From the Document: "H.R. 4363, the DHS Contract Reporting Act of 2021, establishes a daily public reporting requirement for contract awards of the Department of Homeland Security (DHS) at or above $4 million, except for awards relating to classified matters. The report must be posted to a publicly available website and include key information such as contract type and value, name and address of vendor, and place of performance. The substitute amendment adopted by this committee improves consistency and efficiency in the reporting requirements by making changes to allow the data to be pulled from existing systems, such as the Federal Procurement Data System. The amendment also removes a subscription requirement that poses information technology and security challenges for DHS. It clarifies the exemption from reporting for those actions for which disclosure would compromise national security. Lastly, it adds a sunset provision of 5 years on the reporting requirements. [...] Some DHS contract awards are announced through press releases, but many are not, and government websites that contain DHS award notices and spending information can be difficult to navigate and monitor. H.R. 4363 intends to improve transparency and oversight of DHS contract actions by requiring contracts of $4 million and above to be posted in an easily accessible format on a public-facing DHS website. The daily report would include the contract type and amount, and certain other contract information. The legislation would also provide instructions on the handling of undefinitized contract actions and establish an exemption for national security reasons. It also makes certain adjustments to ensure DHS can efficiently fulfill the reporting requirements."
S. Rept. 117-120; Senate Report 117-120
U.S. Government Publishing Office: http://www.gpo.gov/