H.R. 9596 · 118th Congress
Value Over Cost Act
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Passed the House without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 118th Congress ended.
R
DonaldsSponsor4 cosponsors · 1 D, 3 R
3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Sep 16, 2024
- House Passed Nov 12, 2024
This bill specifies that contracts and orders under the multiple award schedule program of the General Services Administration (GSA) may be evaluated on best value , rather than lowest overall cost, if the GSA determines that to be in the best interests of the federal government.
What it does: CRS summary · Introduced in House · Sep 16, 2024
Value Over Cost Act of 2024
This bill specifies that contracts and orders under the multiple award schedule program of the General Services Administration (GSA) may be evaluated on best value, rather than lowest overall cost, if the GSA determines that to be in the best interests of the federal government. (Best value allows consideration of non-cost factors when evaluating contract proposals to determine the offer that provides the greatest overall benefit. The GSA's multiple award schedules provide federal agencies with a simplified process for obtaining commercial supplies and commercial services at prices associated with volume buying.)
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Value Over Cost Act
Latest action (Dec 19, 2024): Placed on Senate Legislative Calendar under General Orders. Calendar No. 755.
Policy area: Government Operations and Politics · Origin: House · Introduced: Sep 16, 2024
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- House Introduced Sep 16, 2024
- House Passed Nov 12, 2024
No recorded floor vote found.