Federal Contractor Cybersecurity Vulnerability Reduction Act of 2025This bill requires revisions to acquisition regulations related to information systems vulnerabilities for certain federal contractors. The revisions apply to contractors whose contract is at or above the simplified acquisition threshold ($250,000 in most cases) or that use, operate, manage, or maintain a federal information system on behalf of an agency. Under the bill, the Office of Management and Budget must review the Federal Acquisition Regulation (FAR) and recommend updated contract requirements and language for contractor vulnerability disclosure programs. (Such programs establish processes for identifying, reporting, and mitigating information system vulnerabilities discovered by security researchers, software developers, and others.) The recommendations must include requirements to ensure that such contractors implement vulnerability disclosure policies consistent with guidelines from the National Institute of Standards and Technology. The Federal Acquisition Regulation Council must review these recommendations and update the FAR as necessary to incorporate requirements for such contractors to receive information about potential security vulnerabilities in contractor information systems used in performance of contract.The Department of Defense (DOD) must conduct a similar review and update of regulations with respect to the DOD Supplement to the FAR.
Independent contractors and payors addition to the centralized work reporting system; payors to report independent contractors to the centralized work reporting system requirement
No Subsidies for Wealthy Universities ActThis bill limits the indirect costs that are allowable under federal research awards to institutions of higher education (IHEs) with endowments above specified thresholds. (Generally, indirect costs represent expenses that are not specific to a research project but are needed to maintain the infrastructure and administrative support for federally funded research.)Specifically, the National Center for Education Statistics (NCES) must annually collect information regarding the endowments of each IHE that has entered into a program participation agreement with the Department of Education.With this collected information, NCES must identify and make lists of (1) each IHE with an endowment of more than $5 billion, and (2) each IHE with an endowment of more than $2 billion (but not more than $5 billion). NCES must submit these lists to the Office of Management and Budget, which must then distribute the lists to federal agencies, Congress, and the public.The bill establishes the following limits on the indirect costs allowable under federal research awards:for an IHE with an endowment of more than $5 billion, the IHE is prohibited from using these awards for indirect costs;for an IHE with an endowment of more than $2 billion (but not more than $5 billion), the IHE is limited to an indirect cost rate of 8%; andfor all other IHEs, an indirect cost rate of 15%.The Government Accountability Office must annually report to Congress on indirect cost reimbursement on federal research awards for IHEs.
Independent contractors and payors added to the centralized work reporting system, and payors required to report independent contractors to the centralized work reporting system.
State management: purchasing; awarding contracts to entities that donate or contribute to certain political candidates or committees; prohibit. Amends 1984 PA 431 (MCL 18.1101 - 18.1594) by adding sec. 264b.