; and (B) publish on the internet website of the Department information about the contract and the significant modifications made to the contract, if any. (2) Whenever the Secretary provides notice to a service provider that the service provider is failing to meet obligations pursuant to a contract entered under subsection (a), the Secretary shall submit to the Committee on Veterans’ Affairs of the Senate and the Committee on Veterans’ Affairs of the House of Representatives a report on such failure that includes the following: (A) An explanation of the reasons for providing such notice. (B) A description of the effect of such failure, including with respect to cost, schedule, and requirements. (C) A description of the actions taken by the Secretary to mitigate such failure. (D) A description of the actions taken by the contractor to address such failure. . (b) Effective date Subsections (b) and (c) of section 513 of such title, as added by subsection (a), shall take effect on the date of the enactment of this Act. (c) Applicability (1) In general Subsections (b) and (c) of such section, as so added, shall apply with respect to contracts entered into by the Secretary of Veterans Affairs on or after the date that is one year before the date of the enactment of this Act. (2) Certain reporting requirements Subsection (c)(1)(A) of such section, as so added, shall apply with respect to quarters that begin after the date of the enactment of this Act. 3. Heightened oversight for contracts for services of the Department of Veterans Affairs of more than $2,000,000,000 (a) In general Section 513 of title 38, United States Code, as amended by section 2, is further amended by adding at the end the following new subsections: (d) Justification and plan for certain contracts In each case of a contract for a service into which the Secretary enters under subsection (a) that would result in the Department incurring an obligation of more than $2,000,000,000, not later than 20 days after the date of the contract award, the Secretary