I 
110TH CONGRESS 
1ST SESSION H. R. 3928 
To require certain large government contractors that receive more than 80 
percent of their annual gross revenue from Federal contracts to disclose 
the names and salaries of their most highly compensated officers, and 
for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
OCTOBER 23, 2007 
Mr. MURPHY of Connecticut (for himself, Mr. WELCH of Vermont, Mr. WAX-
MAN, Mr. LYNCH, Mr. MCDERMOTT, Mr. BRALEY of Iowa, Mr. HODES, 
Mr. HALL of New York, and Mr. OLVER) introduced the following bill; 
which was referred to the Committee on Oversight and Government Re-
form 
A BILL 
To require certain large government contractors that receive 
more than 80 percent of their annual gross revenue 
from Federal contracts to disclose the names and salaries 
of their most highly compensated officers, and for other 
purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Government Con-
tractor Accountability Act of 2007’’. 
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SEC. 2. CERTIFICATION AND OTHER FINANCIAL DISCLO-
SURE REQUIREMENTS FOR CERTAIN GOV-
ERNMENT CONTRACTORS. 
(a) REQUIREMENTS.— 
(1) CERTIFICATION
OR
DISCLOSURE
AFTER 
AWARD OF CONTRACT.—For each contract entered 
into by the Federal Government with a covered con-
tractor, the contracting officer for the contract shall 
require the contractor to submit to the contracting 
officer, within 90 days after award of the contract, 
one of the following: 
(A) CERTIFICATION
OF
PERCENT
OR 
LESS
GROSS
REVENUE
FROM
FEDERAL
CON-
TRACTS.—A certification that the contractor re-
ceived, during the fiscal year preceding the fis-
cal year in which the contract is awarded, 80 
percent or less of its annual gross revenues 
from other contracts with the Federal Govern-
ment. 
(B) FINANCIAL DISCLOSURE.—In the case 
of a contractor that cannot make the certifi-
cation described in subparagraph (A), a state-
ment disclosing the names and salaries, during 
such preceding fiscal year, of the principal exec-
utive officer, the principal financial officer, the 
three most highly compensated other executive 
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officers or individuals, and the directors of the 
contractor. 
(2) ANNUAL
UPDATE
OF
FINANCIAL
DISCLO-
SURE.—For each contract for which a statement de-
scribed in paragraph (1)(B) is submitted, the con-
tracting officer for the contract shall require the 
contractor to submit, during each fiscal year in 
which the contract is being performed (after the fis-
cal year in which the contract is awarded), a state-
ment containing an update of the information re-
quired under that paragraph, covering the preceding 
fiscal year. 
(b) AVAILABILITY.—The information required to be 
submitted pursuant to subsection (a) shall be made pub-
licly available in searchable form through the Federal Pro-
curement Data System (described in section 6(d)(4)(A) of 
the Office of Federal Procurement Policy Act (41 U.S.C. 
406(d)(4)(A)). 
(c) COVERED CONTRACTOR.—In this Act, the term 
‘‘covered contractor’’ means, with respect to a fiscal year, 
an individual or entity— 
(1) that received more than $5,000,000 in an-
nual gross revenues from Federal contracts (or sub-
contracts (at any tier) under Federal contracts) for 
the preceding fiscal year; and 
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