1. Short title This Act may be cited as the Bridge Contract Transparency and Accountability Act of 2018 . 2. Revisions to Federal procurement regulations (a) Report Not later than 180 days after the date of the enactment of this Act, the Administrator for Federal Procurement Policy, in consultation with the Administrator of the General Services Administration, shall submit to the appropriate congressional committees a report on governmentwide policies, practices, and uses of bridge contracts. (b) Amendment of Federal Acquisition Regulation and related guidance (1) In general Not later than one year after the date of the enactment of this Act, the Federal Acquisition Regulatory Council shall, based on the findings of the review under this section, amend the Federal Acquisition Regulation— (A) to provide for a common definition of bridge contracts, with consideration given to— (i) extensions to existing contracts beyond the base and option years to avoid lapses in service caused by delays in awarding subsequent contracts; and (ii) new short-term contracts awarded on a sole source basis to avoid lapses in service caused by delays in awarding subsequent contracts