Adjustments to certain acquisition thresholds

(a) Major program Section 109 of title 41, United States Code, is amended— (1) in subsection (b)(1)— (A) by striking $75,000,000 (based on fiscal year 1980 constant dollars) and inserting $275,000,000 (based on fiscal year 2024 dollars); and (B) by striking $300,000,000 (based on fiscal year 1980 constant dollars) and inserting $1,300,000,000 (based on fiscal year 2024 dollars); and (2) in subsection (b)(2), by striking $750,000 (based on fiscal year 1980 constant dollars) and inserting $2,000,000 (based on fiscal year 2024 dollars). (b) Modifications to submissions of cost or pricing data Section 3502(a) of title 41, United States Code, is amended— (1) in paragraph (1)— (A) by striking 2018 each place it appears and inserting 2026; (B) in subparagraph (A), by striking $2,000,000 and inserting $10,000,000; and (C) in subparagraph (B), by striking $750,000 and inserting $2,000,000; (2) in paragraph (2)— (A) in subparagraph (A), by striking $2,000,000 and inserting $10,000,000; (B) in subparagraph (B), by striking $750,000 and inserting $2,000,000; and (C) in subparagraph (C), by striking $750,000 and inserting $2,000,000; and (3) in paragraph (3), by striking chapter and— and all that follows and inserting the following: chapter and— (A) in the case of a prime contract entered into after June 30, 2026, the price of the subcontract is expected to exceed $10,000,000; or (B) in the case of a prime contract entered into on or before June 30, 2026, the price of the subcontract is expected to exceed $2,000,000..