Contractors Accountability Act of 2002

Contractors Accountability Act of 2002 - Directs the Administrator of General Services to establish and maintain a database of information regarding integrity and performance of Federal contracts and assistance recipients for use by Federal procurement award officials and Federal officials having authority to debar or suspend persons from Federal contracts or assistance. Includes within required database information all judicial and administrative proceedings against such contractors or assistance recipients. Requires such information to be available to all Federal agencies and the public.

Requires Federal agency suspension and debarment regulations to be amended to provide that an entity shall be presumed to be nonresponsible with respect to the award of a Federal contract or assistance if the entity has rendered against it twice within any three-year period a judgment or conviction for the same offense, if each conviction constitutes a cause for Federal debarment.

Requires entities to disclose in contract or assistance solicitations, bids, or offers all debarments or suspensions, judicial and administrative proceedings against the entity, and agreements that the entity is performing to avoid suspension or debarment within the last five years.

Requires the Interagency Committee on Debarment and Suspension to take certain actions with respect to Federal suspension or debarment proceedings.

Allows: (1) Federal agencies, commissions, or organizations not currently participating in the Federal suspension and debarment system to do so; and (2) payments received under administrative agreements to avoid suspension or debarment to be used for costs associated with the database.