1. Short title This Act may be cited as the Performance Accountability and Contractor Transparency Act of 2017 . 2. Improving oversight of Department of Veterans Affairs contracts for services (a) In general Section 513 of title 38, United States Code, is amended— (1) in the first sentence, by striking The Secretary may, for and inserting the following: (a) In general The Secretary may, for ; and (2) by adding at the end the following new subsection: (b) Requirements (1) The Secretary shall ensure that each contract for a service into which the Secretary enters under subsection (a) includes the following: (A) Measurable metrics to ascertain the performance of the provider of the service, relating to cost, schedule, and fulfillment of contract requirements. (B) A plan of action and milestones for the provision of the service, with estimates of the dates on which significant portions of the contract will be completed and a description of the resources the service provider will assign to provide the service. (C) Safeguards to ensure that the service provided meets a minimum threshold of quality determined by the Secretary, including authority for the Secretary to levy a financial penalty upon the service provider if the service provided fails to meet such threshold. (D) Measurable metrics relating to the use of award or incentive fees. (2) In each case of a contract for a service into which the Secretary enters into under subsection (a) that would result in the Department incurring an obligation of more than $100,000,000, the Secretary shall— (A) ensure the contract includes— (i) a requirement that the service provider documents through information technology systems of the Department the work of the service provider so that the Secretary can review and validate quality of the service provided using the metrics set forth in the contract under paragraph (1)(A)