A bill to establish a program to promote military parts procurement cost savings, and for other purposes.

Directs the Small Business Administration to assign a break-out procurement center representative to each major procurement center to review and evaluate the procurement methods for military items and develop and implement appropriate changes based on these findings.

Directs the Director of Small and Disadvantaged Business Utilization of the Department of Defense to assign technical advisors to assist each break-out procurement center representative.

Requires each major procurement center to submit quarterly reports to the Inspector General of the Department of Defense, the Administrator of the Small Business Administration, and the Comptroller General regarding the cost savings through the use of break-out procurement procedures. Authorizes the Inspector General of the Department of Defense to pay a cash award to employees of the two major procurement centers which achieve the greatest percentage of savings through the use of break-out procurement procedures.

Requires the Comptroller General to report to Congress regarding break-out procurement procedures.