Value Over Cost Act

Bill: 118-hr-9596
Sponsor: full_name: Rep. Donalds, Byron [R-FL-19]
Introduced: 2024-09-16
Policy area: Government Operations and Politics
Subjects: Public contracts and procurement
Latest action: action_date: 2024-12-19
text: Placed on Senate Legislative Calendar under General Orders. Calendar No. 755.

Summaries:
action_date: 2024-09-16
action_desc: Introduced in House
text: <p><strong>Value Over Cost Act of 2024</strong></p><p>This bill specifies that contracts and orders under the multiple award schedule program of the General Services Administration (GSA) may be evaluated on <em>best value</em>, rather than lowest overall cost, if the GSA determines that to be in the best interests of the federal government. (<em>Best value</em> 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.)&nbsp;</p>

tv_txt: IIB Calendar No. 755 118th CONGRESS 2d Session H. R. 9596 [Report No. 118–335] IN THE SENATE OF THE UNITED STATES November 13, 2024 Received; read twice and referred to the Committee on Homeland Security and Governmental Affairs December 19 (legislative day, December 16), 2024 Reported by Mr. Peters , without amendment AN ACT To amend title 41, United States Code, and title 10, United States Code, to provide best value through the multiple award schedule program, and for other purposes.

1. Short title This Act may be cited as the Value Over Cost Act of 2024 . 2. Providing best value through the multiple award schedule program (a) In general Section 152(3)(B) of title 41, United States Code, is amended to read as follows: (B) orders and contracts under those procedures result in— (i) the lowest overall cost alternative; or (ii) in the case that the Administrator of General Services determines that obtaining best value (as described under section 15.101 of the Federal Acquisition Regulation) is necessary to promote the best interests of the Federal Government, obtaining the best value to meet the needs of the Federal Government. . (b) Conforming amendment Section 3012(3)(B) of title 10, United States Code, is amended to read as follows: (B) orders and contracts under those procedures result in— (i) the lowest overall cost alternative; or (ii) in the case that the Administrator of General Services determines that obtaining best value (as described under section 15.101 of the Federal Acquisition Regulation) is necessary to promote the best interests of the Federal Government, obtaining the best value to meet the needs of the United States. .

December 19 (legislative day, December 16), 2024 Reported without amendment

tv_txt: IIB 118th CONGRESS 2d Session H. R. 9596 IN THE SENATE OF THE UNITED STATES November 13, 2024 Received; read twice and referred to the Committee on Homeland Security and Governmental Affairs AN ACT To amend title 41, United States Code, and title 10, United States Code, to provide best value through the multiple award schedule program, and for other purposes.

1. Short title This Act may be cited as the Value Over Cost Act of 2024 . 2. Providing best value through the multiple award schedule program (a) In general Section 152(3)(B) of title 41, United States Code, is amended to read as follows: (B) orders and contracts under those procedures result in— (i) the lowest overall cost alternative; or (ii) in the case that the Administrator of General Services determines that obtaining best value (as described under section 15.101 of the Federal Acquisition Regulation) is necessary to promote the best interests of the Federal Government, obtaining the best value to meet the needs of the Federal Government. . (b) Conforming amendment Section 3012(3)(B) of title 10, United States Code, is amended to read as follows: (B) orders and contracts under those procedures result in— (i) the lowest overall cost alternative; or (ii) in the case that the Administrator of General Services determines that obtaining best value (as described under section 15.101 of the Federal Acquisition Regulation) is necessary to promote the best interests of the Federal Government, obtaining the best value to meet the needs of the United States. .

Passed the House of Representatives November 12, 2024. Kevin F. McCumber, Clerk.

tv_txt: I 118th CONGRESS 2d Session H. R. 9596 IN THE HOUSE OF REPRESENTATIVES AN ACT To amend title 41, United States Code, and title 10, United States Code, to provide best value through the multiple award schedule program, and for other purposes.

1. Short title This Act may be cited as the Value Over Cost Act of 2024 . 2. Providing best value through the multiple award schedule program (a) In general Section 152(3)(B) of title 41, United States Code, is amended to read as follows: (B) orders and contracts under those procedures result in— (i) the lowest overall cost alternative; or (ii) in the case that the Administrator of General Services determines that obtaining best value (as described under section 15.101 of the Federal Acquisition Regulation) is necessary to promote the best interests of the Federal Government, obtaining the best value to meet the needs of the Federal Government. . (b) Conforming amendment Section 3012(3)(B) of title 10, United States Code, is amended to read as follows: (B) orders and contracts under those procedures result in— (i) the lowest overall cost alternative; or (ii) in the case that the Administrator of General Services determines that obtaining best value (as described under section 15.101 of the Federal Acquisition Regulation) is necessary to promote the best interests of the Federal Government, obtaining the best value to meet the needs of the United States. .

Passed the House of Representatives November 12, 2024. Kevin F. McCumber, Clerk.

tv_txt: I 118th CONGRESS 2d Session H. R. 9596 IN THE HOUSE OF REPRESENTATIVES September 16, 2024 Mr. Donalds (for himself, Mr. Nehls , Mr. Higgins of Louisiana , and Ms. Boebert ) introduced the following bill; which was 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 A BILL To amend title 41, United States Code, and title 10, United States Code, to provide best value through the multiple award schedule program, and for other purposes.

1. Short title This Act may be cited as the Value Over Cost Act of 2024 . 2. Providing best value through the multiple award schedule program (a) In general Section 152(3)(B) of title 41, United States Code, is amended to read as follows: (B) orders and contracts under those procedures result in— (i) the lowest overall cost alternative; or (ii) in the case that the Administrator of General Services determines that obtaining best value (as described under section 15.101 of the Federal Acquisition Regulation) is necessary to promote the best interests of the Federal Government, obtaining the best value to meet the needs of the Federal Government. . (b) Conforming amendment Section 3012(3)(B) of title 10, United States Code, is amended to read as follows: (B) orders and contracts under those procedures result in— (i) the lowest overall cost alternative; or (ii) in the case that the Administrator of General Services determines that obtaining best value (as described under section 15.101 of the Federal Acquisition Regulation) is necessary to promote the best interests of the Federal Government, obtaining the best value to meet the needs of the United States. .