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S. 886, DHS Acquisition Review Board Act of 2017 1 (August 9, 2017)

handle is hein.congrec/cbo3709 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE August 9, 2017 S. 886 DHS Acquisition Review Board Act of 2017 As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on July 26, 2017 S. 886 would direct the Department of Homeland Security (DHS) to establish an Acquisition Review Board to review major acquisition programs and enhance accountability and uniformity in the review process for DHS acquisitions. Because the bill's requirements are largely consistent with existing DHS procurement policies, CBO estimates that implementing S. 886 would cost less than $500,000 annually; such spending would be subject to the availability of appropriated funds. Enacting S. 886 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting S. 886 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. S. 886 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments. On March 22, 2017, CBO transmitted a cost estimate for H.R. 1282, the DHS Acquisition Review Board Act of 2017, as ordered by the House Committee on Homeland Security on March 8, 2017. The two pieces of legislation are similar and CBO's estimates of their costs are the same. The CBO staff contact for this estimate is Jacob Fabian. The estimate was approved by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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