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Preventing Organizational Conflicts of Interest in Federal Acquisition Act
Legislative Progress
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
81pct
84d open
vs 9,698 other HR bills in the 117th — cohort avg 63d
Preventing Organizational Conflicts of Interest in Federal Acquisition Act This bill addresses conflicts of interest in federal acquisitions. Specifically, the bill directs the Federal Acquisition Regulatory Council to (1) identify contracting methods, types, and services that raise heightened concerns for potential organizational conflicts of interest beyond those currently addressed in the Federal Acquisition Regulation (FAR); and (2) revise the FAR to address organizational conflicts of interest and require executive agencies to take certain actions. The council must revise the FAR to provide and update definitions related to organizational conflicts of interest, to include specified contractor relationships; provide executive agencies with solicitation and contract provisions that require contractors to disclose information relevant to potential organizational conflicts of interest and limit future contracting with respect to potential conflicts; and require executive agencies to establish or update agency conflict of interest procedures to implement these FAR revisions and address agency-specific conflict of interest issues.
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Filing registrants (6)
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 24 - 17.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Referred to the House Committee on Oversight and Reform.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Issues impacting the accounting and auditing profession; CPAs who perform financial planning services; Accounting standards for cryptocurrency; Implementation of the Corporate Transparency Act; legislation related to services firms in Russia, including H.R. 7080, Nowhere to Hide Oligarchs Act and H.R. 7185, the Federal Contracting for Peace and Security Act; H.R. 7602 and S. 3905, Preventing Organizational Conflicts of Interest in Federal Acquisition Act; Independence of accounting standard setting; PCAOB matters, including disciplinary proceedings, inspections, and whistleblowers, including PCAOB Enforcement Transparency Act of 2021, S. 2009; False Claims Amendments Act of 2021, S. 2428; H.R. 5535, the Establishing New Authorities for Businesses Laundering and Enabling Risks to Security Act; and H.R. 7185, the Federal Contracting for Peace and Security Act. Cybersecurity issues (Department of Defense only).
Client expense: $1,300,000 · Firm income: Not reported
Government targets: Defense, Dept of (DOD), HOUSE OF REPRESENTATIVES, Office of Management & Budget (OMB), SENATE
2022 · fourth_quarter · Accounting
Implementation of the Corporate Transparency Act; legislation related to services firms in Russia, including H.R. 7080, Nowhere to Hide Oligarchs Act and H.R. 7185, the Federal Contracting for Peace and Security Act; and H.R. 7602 and S. 3905, Preventing Organizational Conflicts of Interest in Federal Acquisition Act.
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · fourth_quarter · Accounting
General issues impacting the accounting and auditing profession, investor protection, and corporate governance and disclosures; formation agent and related beneficial ownership issues, H.R. 2513, the Corporate Transparency Act of 2019; general issues related to P.L. 107-204, the Sarbanes-Oxley Act, including PCAOB inspection inaccessibility and PCAOB proceedings, S. 2009, the PCAOB Enforcement Transparency Act of 2021; issues related to the independence of accounting standards setting; general issues related to the implementation of P.L. 116-222, the Holding Foreign Companies Accountable Act, S. 2184, the Accelerating Holding Foreign Companies Accountable Act; the Federal Contracting for Peace and Security Act; the Prohibiting Seals of Approval for Russia and Belarus Act; H.R. 7602 and S. 3905, Preventing Organizational Conflicts of Interest in Federal Acquisition Act.
Client expense: $520,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · fourth_quarter · Accounting
Issues impacting the accounting and auditing profession; CPAs who perform financial planning services; Accounting standards for cryptocurrency; Implementation of the Corporate Transparency Act; legislation related to services firms in Russia, including H.R. 7080, Nowhere to Hide Oligarchs Act and H.R. 7185, the Federal Contracting for Peace and Security Act; H.R. 7602 and S. 3905, Preventing Organizational Conflicts of Interest in Federal Acquisition Act; Independence of accounting standard setting; PCAOB matters, including disciplinary proceedings, inspections, and whistleblowers, including PCAOB Enforcement Transparency Act of 2021, S. 2009; False Claims Amendments Act of 2021, S. 2428; H.R. 5535, the Establishing New Authorities for Businesses Laundering and Enabling Risks to Security Act; Cybersecurity issues (Department of Defense only); Assurance requirements in the American Innovation and Manufacturing Act (section 103 in Division S, Innovation for the Environment, of the Consolidated Appropriations Act, 2021, P.L.116-260) related to hydrofluorocarbons (HFCs) (Environmental Protection Agency).
Client expense: $1,340,000 · Firm income: Not reported
Government targets: Defense, Dept of (DOD), Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Office of Management & Budget (OMB), SENATE
Issues impacting the accounting and auditing profession. Accounting standards for cryptocurrency Implementation of the Corporate Transparency Act; H.R. 7080, Nowhere to Hide Oligarchs Act; Independence of accounting standard setting PCAOB matters, including disciplinary proceedings, inspections, and whistleblowers, including PCAOB Enforcement Transparency Act of 2021, S. 2009; False Claims Amendments Act of 2021, S. 2428; Streamlining Public Company Accounting Oversight Act, H.R. 5489 H.R. 7185, the Federal Contracting for Peace and Security Act. H.R. 7602 and S. 3905, Preventing Organizational Conflicts of Interest in Federal Acquisition Act H.R. 5535, the Establishing New Authorities for Businesses Laundering and Enabling Risks to Security Act; and H.R. 7185, the Federal Contracting for Peace and Security Act.
Client expense: $50,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · second_quarter · Accounting
Issues impacting the accounting and auditing profession; CPAs who perform financial planning services; Accounting standards for cryptocurrency; Implementation of the Corporate Transparency Act; legislation related to services firms in Russia, including H.R. 7080, Nowhere to Hide Oligarchs Act and H.R. 7185, the Federal Contracting for Peace and Security Act; H.R. 7602 and S. 3905, Preventing Organizational Conflicts of Interest in Federal Acquisition Act; Independence of accounting standard setting; PCAOB matters, including disciplinary proceedings, inspections, and whistleblowers, including PCAOB Enforcement Transparency Act of 2021, S. 2009; False Claims Amendments Act of 2021, S. 2428; H.R. 5535, the Establishing New Authorities for Businesses Laundering and Enabling Risks to Security Act; and H.R. 7185, the Federal Contracting for Peace and Security Act. Cybersecurity issues (Department of Defense only).
Client expense: $1,300,000 · Firm income: Not reported
Government targets: Defense, Dept of (DOD), HOUSE OF REPRESENTATIVES, Office of Management & Budget (OMB), SENATE
H.R. 7602/S. 3905: Preventing Organizational Conflicts of Interest in Federal Acquisition Act H.R. 4350/S. 1605: National Defense Authorization Act for Fiscal Year 2022 H.R. 5489: Streamlining Public Company Accounting Oversight Act H.R. 8841: Internal Control Disclosure Improvement Act of 2020 PCAOB legislation relating to whistleblower, information sharing, disciplinary proceedings, etc. China related legislation, including implementation of the Holding Foreign Companies Accountable Act (PL 116-222) ESG/Climate Disclosure Proposals Independence of Accounting Standard Setting NDAA for FY 2023, including inclusion of the Enablers Act (HR 5525)
Client expense: $500,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC)
2022 · third_quarter · Accounting
General issues impacting the accounting and auditing profession, investor protection, and corporate governance and disclosures; formation agent and related beneficial ownership issues, H.R. 2513, the Corporate Transparency Act of 2019; general issues related to P.L. 107-204, the Sarbanes-Oxley Act, including PCAOB inspection inaccessibility and PCAOB proceedings, S. 2009, the PCAOB Enforcement Transparency Act of 2021; issues related to the independence of accounting standards setting; general issues related to the implementation of P.L. 116-222, the Holding Foreign Companies Accountable Act, S. 2184, the Accelerating Holding Foreign Companies Accountable Act; the Federal Contracting for Peace and Security Act; the Prohibiting Seals of Approval for Russia; Belarus Act. H.R. 7602 and S. 3905, Preventing Organizational Conflicts of Interest in Federal Acquisition Act.
Client expense: $540,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Accounting
Issues impacting the accounting and auditing profession; CPAs who perform financial planning services; Accounting standards for cryptocurrency; Implementation of the Corporate Transparency Act; legislation related to services firms in Russia, including H.R. 7080, Nowhere to Hide Oligarchs Act and H.R. 7185, the Federal Contracting for Peace and Security Act; H.R. 7602 and S. 3905, Preventing Organizational Conflicts of Interest in Federal Acquisition Act; Independence of accounting standard setting; PCAOB matters, including disciplinary proceedings, inspections, and whistleblowers, including PCAOB Enforcement Transparency Act of 2021, S. 2009; False Claims Amendments Act of 2021, S. 2428; H.R. 5535, the Establishing New Authorities for Businesses Laundering and Enabling Risks to Security Act; and H.R. 7185, the Federal Contracting for Peace and Security Act. Cybersecurity issues (Department of Defense only).
Client expense: $1,300,000 · Firm income: Not reported
H.R. 7602/S. 3905: Preventing Organizational Conflicts of Interest in Federal Acquisition Act H.R. 4350/S. 1605: National Defense Authorization Act for Fiscal Year 2022 H.R. 5489: Streamlining Public Company Accounting Oversight Act H.R. 8841: Internal Control Disclosure Improvement Act of 2020 PCAOB legislation relating to whistleblower, information sharing, disciplinary proceedings, etc. China related legislation, including implementation of the Holding Foreign Companies Accountable Act (PL 116-222) ESG/Climate Disclosure Proposals Independence of Accounting Standard Setting NDAA for FY 2023, including inclusion of the Enablers Act (HR 5525)
Client expense: $520,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC)
Issues impacting the accounting and auditing profession. Accounting standards for cryptocurrency Implementation of the Corporate Transparency Act; H.R. 7080, Nowhere to Hide Oligarchs Act; Independence of accounting standard setting PCAOB matters, including disciplinary proceedings, inspections, and whistleblowers, including PCAOB Enforcement Transparency Act of 2021, S. 2009; False Claims Amendments Act of 2021, S. 2428; Streamlining Public Company Accounting Oversight Act, H.R. 5489 H.R. 7185, the Federal Contracting for Peace and Security Act. H.R. 7602 and S. 3905, Preventing Organizational Conflicts of Interest in Federal Acquisition Act H.R. 5535, the Establishing New Authorities for Businesses Laundering and Enabling Risks to Security Act; and H.R. 7185, the Federal Contracting for Peace and Security Act.
Client expense: $50,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · second_quarter · Accounting
General issues impacting the accounting and auditing profession, investor protection, and corporate governance and disclosures; formation agent and related beneficial ownership issues, H.R. 2513, the Corporate Transparency Act of 2019; general issues related to P.L. 107-204, the Sarbanes-Oxley Act, including PCAOB inspection inaccessibility and PCAOB proceedings, S. 2009, the PCAOB Enforcement Transparency Act of 2021; issues related to the independence of accounting standards setting; general issues related to the implementation of P.L. 116-222, the Holding Foreign Companies Accountable Act, S. 2184, the Accelerating Holding Foreign Companies Accountable Act; the Federal Contracting for Peace and Security Act; the. Prohibiting Seals of Approval for Russia; Belarus Act. H.R. 7602 and S. 3905, Preventing Organizational Conflicts of Interest in Federal Acquisition Act.
Client expense: $410,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · second_quarter · Government Issues
S. 2614 / H.R. 5844 Open Courts Act of 2021, issues related technology modernization of the federal courts system; S. 2585 / H.R. 3138 State and Local Cybersecurity Improvement Act, issues related to the implementation of cybersecurity and digital technologies; S. 1705 Artificial Intelligence Capabilities and Transparency Act of 2021, issues related to government technology; S. 3905 / H.R. 7602 Preventing Organizational Conflicts of Interest in Federal Acquisitions Act, issues related to government acquisition; and General issues related to technology implementation at the Department of Veterans Affairs.
Client expense: $450,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · second_quarter · Accounting
Issues impacting the accounting and auditing profession; CPAs who perform financial planning services; Accounting standards for cryptocurrency; Implementation of the Corporate Transparency Act; legislation related to services firms in Russia, including H.R. 7080, Nowhere to Hide Oligarchs Act and H.R. 7185, the Federal Contracting for Peace and Security Act; H.R. 7602 and S. 3905, Preventing Organizational Conflicts of Interest in Federal Acquisition Act; Independence of accounting standard setting; PCAOB matters, including disciplinary proceedings, inspections, and whistleblowers, including PCAOB Enforcement Transparency Act of 2021, S. 2009; False Claims Amendments Act of 2021, S. 2428; H.R. 5535, the Establishing New Authorities for Businesses Laundering and Enabling Risks to Security Act; and H.R. 7185, the Federal Contracting for Peace and Security Act. Cybersecurity issues (Department of Defense only).
Client expense: $1,300,000 · Firm income: Not reported
Issues impacting the accounting and auditing profession. Accounting standards for cryptocurrency Implementation of the Corporate Transparency Act; H.R. 7080, Nowhere to Hide Oligarchs Act; Independence of accounting standard setting PCAOB matters, including disciplinary proceedings, inspections, and whistleblowers, including PCAOB Enforcement Transparency Act of 2021, S. 2009; False Claims Amendments Act of 2021, S. 2428; Streamlining Public Company Accounting Oversight Act, H.R. 5489 H.R. 7185, the Federal Contracting for Peace and Security Act. H.R. 7602 and S. 3905, Preventing Organizational Conflicts of Interest in Federal Acquisition Act
Client expense: $40,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
H.R. 7602/S. 3905: Preventing Organizational Conflicts of Interest in Federal Acquisition Act H.R. 4350/S. 1605: National Defense Authorization Act for Fiscal Year 2022 H.R. 5489: Streamlining Public Company Accounting Oversight Act H.R. 8841: Internal Control Disclosure Improvement Act of 2020 Introduced (and draft) legislation regarding services firms in Russia, including H.R. 7185 (Federal Contracting for Peace and Security Act) PCAOB legislation relating to whistleblower, information sharing, disciplinary proceedings, etc. China related legislation, including implementation of the Holding Foreign Companies Accountable Act (PL 116-222) ESG/Climate Disclosure Proposals Independence of Accounting Standard Setting NDAA for FY 2023, including inclusion of the Enablers Act (HR 5525)
Client expense: $460,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC)
Government targets: Defense, Dept of (DOD), HOUSE OF REPRESENTATIVES, Office of Management & Budget (OMB), SENATE
Government targets: Defense, Dept of (DOD), HOUSE OF REPRESENTATIVES, Office of Management & Budget (OMB), SENATE