((a)) ** .—** In this section, the term “executive agency” has the same meaning given in .

((b)) ** .—** The Federal Acquisition Regulation shall address the use of cost-reimbursement contracts.

((c)) ** .—** The regulations promulgated under subsection (b) shall include guidance regarding—

((1)) when and under what circumstances cost-reimbursement contracts are appropriate;

((2)) the acquisition plan findings necessary to support a decision to use cost-reimbursement contracts; and

((3)) the acquisition workforce resources necessary to award and manage cost-reimbursement contracts.

((d))

((1)) ** .—** The Director of the Office of Management and Budget shall submit an annual report to Congressional committees identified in subsection (e) on the use of cost-reimbursement contracts and task or delivery orders by all executive agencies.

((2)) ** .—** The report shall include—

((A)) the total number and value of contracts awarded and orders issued during the covered fiscal year;

((B)) the total number and value of cost-reimbursement contracts awarded and orders issued during the covered fiscal year; and

((C)) an assessment of the effectiveness of the regulations promulgated pursuant to subsection (b) in ensuring the appropriate use of cost-reimbursement contracts.

((3))

((A)) ** .—** The report shall be submitted no later than March 1 and shall cover the fiscal year ending September 30 of the prior year.

((B)) ** .—** The report shall be submitted from , until .

((e)) ** .—** The report required by subsection (d) shall be submitted to—

((1)) the Committee on Oversight and Government Reform of the House of Representatives;

((2)) the Committee on Homeland Security and Governmental Affairs of the Senate;

((3)) the Committees on Appropriations of the House of Representatives and the Senate; and

((4)) in the case of the Department of Defense and the Department of Energy, the Committees on Armed Services of the Senate and the House of Representatives.