Establishes the “Enabling New Agile Buying-power and Leveraging Enhancements in Intelligence Community Acquisitions Act 2024” or the “ENABLE IC Acquisitions Act of 2024”.
Encourages intelligence community acquisition leaders to explore private capital partnerships for technological advantages and consult with the Department of Defense’s Office of Strategic Capital.
Creates the Intelligence Community Technology Bridge Fund to assist in transitioning products or services from research and development to production, with a focus on small businesses and nontraditional defense contractors.
Allows the Director of National Intelligence to provide assistance from the Fund in the form of grants, product/service payments, or equity payments.
Requires annual reports to congressional intelligence committees on the Fund’s expenditures, obligations, and impacts.
Enhances authority for intelligence community public-private talent exchanges, focusing on fields like finance, biotechnology, computing, artificial intelligence, and cybersecurity, among others.
Extends the duration of temporary details from private-sector organizations to the intelligence community from 3 to 5 years.
Allows the Director of National Intelligence to hire individuals from the private sector who are detailed to the intelligence community without requiring a personnel billet.
Requires annual reports on the implementation and use of public-private talent exchange policies and procedures.
Permits the Director of National Intelligence or intelligence community heads to use non-competitive procedures to acquire products or services from companies that have completed a work program meeting intelligence community needs.
Requires written justification for using non-competitive procedures, including a description of the need, certification of cost fairness, and a market survey summary.