PRICE Act of 2021
Summary
The PRICE Act of 2021 (Public Law 117-88) was signed into law on 2022-02-22, requiring DHS to report on innovative procurement techniques and develop training. This is a procedural, authorization-only bill with no appropriated funds. It has minimal near-term market impact for DHS contractors like $BAH, $CACI, $SAIC, and $LDOS, as it does not mandate new spending or contracts.
See which stocks are affected
Key takeaways, market implications, full AI analysis, and connected signals are available to HillSignal members.
Already have an account? Log in
Key Takeaways
- 1.The PRICE Act is already law (signed 2022-02-22) and is procedural, with no appropriated funds.
- 2.No near-term market impact for DHS contractors; the bill creates potential consulting opportunities but without dedicated funding.
- 3.Investors should not expect material revenue changes for $BAH, $CACI, $SAIC, or $LDOS from this bill alone.
Market Implications
The PRICE Act has no direct market implications as it is a procedural, authorization-only bill already signed into law. DHS-focused IT and consulting contractors ($BAH, $CACI, $SAIC, $LDOS) may see marginal consulting opportunities from DHS's implementation of reporting and training requirements, but without appropriated funds, the revenue impact is negligible. Investors should not adjust positions based on this bill.
Full Analysis
The PRICE Act of 2021 (S.583) was signed into law by The President on February 22, 2022, becoming Public Law 117-88. The bill directs the DHS Management Directorate to publish annual reports on projects using innovative procurement techniques and to develop guidance and training for DHS personnel. The bill is procedural in nature, focused on improving procurement efficiency within DHS, and does not authorize or appropriate any specific funding.
The money trail is absent: this is an authorization bill that sets policy and reporting requirements but does not allocate any funds. Actual spending on procurement modernization or training would require a separate appropriations bill. The bill's impact on DHS contractors is indirect and uncertain, as it creates potential consulting opportunities for firms that advise on procurement processes, but without dedicated funding, these opportunities are limited.
There is no convergence with other signals or procurement actions in the provided data. The bill is an isolated, procedural measure that has already been enacted.
Structural winners are DHS-focused IT and consulting contractors such as Booz Allen Hamilton ($BAH), CACI International ($CACI), Science Applications International Corp ($SAIC), and Leidos Holdings ($LDOS), which could see marginal consulting revenue from DHS's implementation of the reporting and training requirements. However, the impact is minimal and uncertain given the lack of appropriated funds. No structural losers are identified.
The timeline is complete: the bill has been signed into law, and no further legislative steps remain. Implementation is now the responsibility of DHS.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
Pay Our Homeland Defenders Act
DETECT Fentanyl and Xylazine Act of 2024
To provide funding for administrative expenses of the Department of Homeland Security during any lapse in appropriations during fiscal year 2026, to require that the Department be responsive to congressional offices during such a lapse in appropriations, and for other purposes.
Respect Tribal IDs Act of 2026
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Adjusting Imports of Wind Turbines and Their Parts and Components into the United States
This proclamation initiates negotiations to adjust imports of wind turbines and their components under Section 232, citing national security concerns including cybersecurity vulnerabilities, radar interference, and grid reliability. It does not immediately impose tariffs but sets the stage for potential trade restrictions, and notes that certain wind turbine components made of aluminum, steel, or copper are already subject to existing tariffs.
Advancing Women's Health to Improve Outcomes in All Phases of Life
This executive order establishes a Women's Health Division within the NIH to coordinate and accelerate research on understudied women's health conditions, and creates a White House Women's Health Task Force to drive policy reforms and translation of research into clinical practice across federal agencies. It directs specific agencies to prioritize research, data collection, and translation into prevention, diagnosis, and treatment, with a focus on all life stages from infancy through aging.
Streamlining Access to Government Services Through America.gov
The executive order directs the General Services Administration to create America.gov, a unified digital portal for federal services, integrating Login.gov for authentication and requiring agencies to expose their digital services via APIs. It also mandates the use of AI (referred to as 'super intelligence') with transparency safeguards, while preserving existing service channels and excluding tax and defense/intelligence services.
Free — no credit card
Get the next market-moving signal before the news does
HillSignal scores every Congressional bill, federal contract, and insider filing for market impact and emails you the high-conviction ones — free, no credit card.
Weekly digest — the congressional activity that actually moved markets that week, in plain English. Free, one email.
Free forever plan · No credit card · Unsubscribe in one click
Want the live terminal too? Create a free account →