Value Over Cost Act

Bill: 118-hr-9596
Sponsor: Rep. Donalds, Byron [R-FL-19]
Introduced: 2024-09-16 in the House
Policy area: Government Operations and Politics
Subjects: Public contracts and procurement

Summary:
action_date: 2024-09-16
text: 

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.) 


Legislative actions:
action_date: 2024-12-19
text: Placed on Senate Legislative Calendar under General Orders. Calendar No. 755.
action_date: 2024-12-19
text: Committee on Homeland Security and Governmental Affairs. Reported by Senator Peters without amendment. With written report No. 118-335.
action_date: 2024-12-19
text: Committee on Homeland Security and Governmental Affairs. Reported by Senator Peters without amendment. With written report No. 118-335.
action_date: 2024-11-20
text: Committee on Homeland Security and Governmental Affairs. Ordered to be reported without amendment favorably.
action_date: 2024-11-13
text: Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
action_date: 2024-11-12
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2024-11-12
text: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H5942)
action_date: 2024-11-12
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H5942)
action_date: 2024-11-12
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 9596.
action_date: 2024-11-12
text: Considered under suspension of the rules. (consideration: CR H5942-5943)
action_date: 2024-11-12
text: Mr. Higgins (LA) moved to suspend the rules and pass the bill.
action_date: 2024-09-18
text: Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 39 - 0.
action_date: 2024-09-18
text: Committee Consideration and Mark-up Session Held
action_date: 2024-09-16
text: Referred to the Committee on Oversight and Accountability, and in addition to the Committee on Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2024-09-16
text: Referred to the Committee on Oversight and Accountability, and in addition to the Committee on Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2024-09-16
text: Introduced in House
action_date: 2024-09-16
text: Introduced in House