Value Over Cost Act

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.) 

[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 9596 Introduced in House (IH)]

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118th CONGRESS
  2d Session
                                H. R. 9596

  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.


_______________________________________________________________________


                    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.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Value Over Cost Act of 2024''.

SEC. 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.''.
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