12 2 STA T .3 11 6PUBLIC LA W 11 0– 31 5— AU G .1 4, 200 8(i) i nsubpar a g rap h ( B ) , b y s t ri k ing ‘ ‘paragraph ( 2 ) ’ ’an d ins e rting ‘‘paragraph ( 4 )’’
and (ii) in subparagraph ( C ), by striking ‘‘this’’; ( 5 ) in subse c ti o n( f ) — ( A ) in paragraph (2), by striking ‘‘to borro w ers’’ and inserting ‘‘to students, borrowers,’’; and (B) in paragraph ( 3 )(A), by striking ‘‘( 1 )(A)’’ and inserting ‘‘(1)’’; ( 6 ) in subsection (g)(3), by striking ‘‘not m ore than 25’’; ( 7 ) in subsection (h), by striking ‘‘organi z ationa l effecti v e - ness’’ and inserting ‘‘effectiveness’’; ( 8 ) by striking subsection (i); ( 9 ) by redesignating subsection ( j ) as subsection (i); and (1 0 ) in subsection (i) (as redesignated by paragraph (9)), by striking ‘‘, including transition costs’’ .SEC.1 1 8 . PRO C U RE M E NTFL E XIB ILIT Y . S ection 142 (20 U .S.C. 1018a) is amended— (1) in subsection (b)— (A) in paragraph (1)— (i) by striking ‘‘for information systems supporting the programs authorized under title IV ’’; and (ii) by striking ‘‘and’’ after the semicolon; (B) in paragraph (2), by striking the period at the end and inserting ‘‘; and’’; and (C) by adding at the end the following
‘‘(3) through the Chief O perating Officer— ‘‘(A) to the ma x imum extent practicable, utilize procurement systems that streamline operations, improve internal controls, and enhance management; and ‘‘(B) assess the efficiency of such systems and assess such systems’ ability to meet P BO re q uirements.’’; (2) by striking subsection (c)(2) and inserting the following: ‘‘(2) FE E FORS ER VIC E A RRA NG E M EN T S.— T he Chief Oper- ating Officer shall, when appropriate and consistent with the purposes of the PBO, acquire services related to the functions set forth in section 141(b)(2) from any entity that has the capability and capacity to meet the requirements set by the PBO. The Chief Operating Officer is authorized to pay fees that are equivalent to those paid by other entities to an organization that provides services that meet the requirements of the PBO, as determined by the Chief Operating Officer.’’; (3) in subsection (d)(2)(B), by striking ‘‘on Federal G overn- ment contracts’’; (4) in subsection (g)— (A) in paragraph (4)(A)— (i) in the subparagraph heading, by striking ‘‘SO L E SO U RCE.—’’ and inserting ‘‘SINGLE-SOURCE B ASIS.—’’; and (ii) by striking ‘‘sole-source’’ and inserting ‘‘single- source’’; and (B) in paragraph (7), by striking ‘‘sole-source’’ and inserting ‘‘single-source’’; (5) in subsection (h)(2)(A), by striking ‘‘sole-source’’ and inserting ‘‘single-source’’; and (6) in subsection (l), by striking paragraph (3) and inserting the following:
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