; Public Law 109–282 ) to allow for a 180-day delay in obtaining a unique entity identifier and registration in the System for Award Management. This delay shall be no later than 30 days prior to the end of the award’s period of performance. (c) Local competition authority Notwithstanding any other provision of law, the Administrator of USAID (or the Administrator’s designees) may award contracts and other acquisition instruments in which competition is limited to local entities if doing so would result in cost savings, strengthen local capacity, or enable USAID to deliver a programs or activities more sustainably or quickly than if competition were not so limited. Such authority may not be used to make acquisition awards in excess of $25,000,000 and shall not exceed more than 10 percent of the amounts appropriated to USAID each fiscal year. (d) Use of national or international generally accepted accounting principles The Administrator of USAID, in consultation with the Administrator of the General Services Administration, the Secretary of Defense, and the Administrator of the National Aeronautics and Space Administration, is authorized to allow foreign entities to use national or international generally accepted accounting principles instead of United States Generally Accepted Accounting Principles (GAAP) for contracts or grants awarded under the chapter 7 of title 48, Code of Federal Regulations or chapter 7 of title 2, Code of Federal Regulations. 8. Annual report Not later than 180 days after the end of each fiscal year following the date of the enactment of this Act, and annually thereafter, the Administrator of USAID shall submit to the appropriate congressional committees and publish on USAID’s website a report on USAID’s progress to advance locally led development and humanitarian response, to include the following elements: (1) The amount of funding implemented directly and indirectly by local entities in the previous fiscal year, including all development and humanitarian assistance programs. (2) An