(Sec. 3) Establishes the Interagency Suspension and Debarment Committee to: (1) resolve issues as to which federal agency is the lead agency to initiate suspension or debarment proceedings; (2) coordinate actions among interested agencies; (3) encourage and assist agencies in entering into cooperative efforts to pool resources and achieve operational efficiencies in the government-wide suspension and debarment system; (4) make recommendations to OMB for changes to the suspension and debarment system and its rules and authorize OMB to issue guidelines that implement those recommendations; and (5) report to Congress annually on the progress and efforts to improve the suspension and debarment system, a summary of each agency's activities and accomplishments in the suspension and debarment system, and the number and summary of agency head determinations that allowed a suspended or debarred recipient of federal financial assistance to receive new federal funds.
(Sec. 4) Directs the GSA Administrator to establish and maintain a web-based suspension and debarment case management system for use by the Board and executive agency officials having authority over suspension and debarment.
(Sec. 5) Requires the OMB Director to maintain one generally applicable regulation on suspension and debarment for procurement and nonprocurement programs. Requires such regulation to: (1) provide procedures to strengthen timely referral of cases, including the role of the agency remedy coordination official to act on cases; (2) require the Board or the agency suspension and debarment office to review the sufficiency of the information in referred cases; and (3) require disposal of all cases within six months after the initial referral date.
(Sec. 6) Directs the Comptroller General (GAO) to review, assess, and report on the effectiveness of the Board, the suspension and debarment office of each executive agency granted a waiver and the merits of any such waiver, and the case management system in meeting the requirements of this Act.
(Sec. 7) Directs the head and Inspector General of each executive agency to jointly issue guidance that establishes policies, procedures, and responsibilities for the agency-wide coordination of criminal, civil, contractual, and administrative remedies stemming from investigations of fraud or corruption related to procurement and grant activities. Grants specified duties to the agency remedy coordination official.
(Sec. 10) Authorizes appropriations for FY2015-FY2021 to carry out the functions of the Board and for implementation of the case management system established and maintained by GSA.
(Sec. 11) Makes this Act effective on October 1, 2014.