This Act may be cited as the Safe and Smart Federal Purchasing Act.

(a) Review The Director shall review the procurement management practices of Defense and Civilian agencies to determine whether the provisions of section 15.101–2 of the Federal Acquisition Regulation have created any national security risk. (b) Report Not later than 180 days after the enactment of this Act, the Director shall submit a report on the results of the review under subsection (a) to— (1) the Committee on Oversight and Government Reform of the House of Representatives; and (2) the Committee on Homeland Security and Governmental Affairs of the Senate. (c) Definitions In this section: (1) Defense and Civilian Agency The term Defense and Civilian agency has the meaning given the term agency in section 133 of title 41, United States Code. (2) Director The term Director means the Director of the Office of Management and Budget.