Safe and Smart Federal Purchasing Act

Summary

Requires the Office of Management and Budget Director to review whether the federal procurement practice known as "lowest price technically acceptable" (LPTA) has created any national security risk for Defense and civilian agencies, and to send a report to Congress within 180 days of enactment. Also includes a one-line provision establishing the act's short title but creates no direct funding or program changes.

• OMB Director must review whether LPTA source selection creates national security risks for Defense and civilian agencies.
• A written report on that review must be submitted to Congress within 180 days of enactment.
• The legislation defines key terms by statutory reference but does not change procurement law or FAR language directly.
• Section establishing the bill's short title does not create duties or funding.
• The requirement is evaluative — it triggers review and reporting, not immediate regulatory or funding changes.
• Findings from the report could prompt future rulemaking, guidance, or legislative action on procurement practices.
• No appropriation or authorization of new spending is included.
• Applies across executive branch Defense and civilian agencies as defined by federal statute.