Federal Acquisition Security Council Improvement Act of 2026

Key Provisions

• It would redefine 'source of concern' to include entities controlled by foreign adversaries or those posing national security risks. A new category, 'covered source of concern,' would be created for specific threats.
• Moves the Federal Acquisition Security Council to the Executive Office of the President and updates its members to include specific high-level officials from key agencies.
• Creates a new Federal Acquisition Security Council Program Office to provide administrative, legal, and expert support to the Council.
• Requires the Council to prioritize and evaluate security risks from certain foreign entities and decide whether to issue 'designated orders' against them.
• The Council would have 270 days to issue 'designated orders.' These orders would block risky foreign companies from federal contracts or remove their products. If no order is issued, the Council would explain its reasons to Congress.