US HB6882

Secretary of Defense must revise the Defense Federal Acquisition Regulation within 180 days to give contracting preference to U.S. companies for professional services contracts, to the maximum extent practicable and consistent with national security

Professional services covered include engineering, architecture, design, environmental consulting, financial consulting, program management, legal services, and other services defined in the Federal Acquisition Regulation

"United States company" defined as a business organized under U.S. laws, with principal place of business in the U.S., not directly or indirectly owned or controlled by a foreign entity; joint ventures with 50% or greater U.S. ownership also qualify

Secretary of Defense may waive the preference requirement if it would prevent meeting an urgent operational requirement or if no U.S. company can fulfill the contract in a timely or cost-effective manner

Waivers must be issued in writing with justification and reported to congressional defense committees within 30 days of issuance