; or (ii) in the case of a company selected by the operator of the airport, if the Administrator rejects the bid from that company, or is otherwise unable to enter into a contract with that company, the Administrator shall provide the operator of the airport another 60 days to select another qualified private screening company. (B) Rejection of bids If the Administrator rejects a bid from a private screening company selected by the operator of an airport under paragraph (1)(A) or subparagraph (A)(ii), the Administrator shall, not later than 30 days after rejecting that bid, submit to the operator, the Committee on Commerce, Science, and Transportation of the Senate, and the Committee on Homeland Security of the House of Representatives a report that includes— (i) the findings that served as the basis for rejecting the bid; (ii) the results of any cost or security analyses conducted in relation to the bid; and (iii) recommendations for how the operator of the airport can address the reasons the Administrator rejected the bid. . (b) Qualified private screening companies Subsection (c) of such section is amended by striking and will provide and all that follows through with this chapter . (c) Standards for private screening companies Subsection (d) of such section is amended— (1) in paragraph (1)— (A) in subparagraph (A), by striking ; and and inserting a semicolon; (B) by redesignating subparagraph (B) as subparagraph (C); (C) by inserting after subparagraph (A) the following: (B) the cost of providing screening services at the airport under the contract is equal to or less than the cost to the Federal Government of providing screening services at that airport during the term of the contract; ; (D) in subparagraph (C), as redesignated by subparagraph (B), by striking the period at the end and inserting ; and ; and (E) by adding at the end the following: (D) entering into the contract would not compromise aviation security. ; (2) in paragraph (2)— (A) by striking paragraph (1)(B) and inserting paragraph (1)(C)