United States · Bill · HR
H.R. 1118 (119th)
Value Over Cost Act of 2026
Introduced
7 February 2025
Last action
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Status
Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Sponsors
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Subjects
Discovery layer
Source updated
6 August 2026
Summary
Value Over Cost Act of 2025 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.)
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Versions
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Documents
4 official files
Referred in Senate
Referred in Senate
Referred in Senate · EN · 22 July 2026
Engrossed in House
Engrossed in House · EN · 21 July 2026
Introduced in House
Introduced in House · EN · 7 February 2025
Introduced in House
summary · EN · 7 February 2025
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/119th-congress/house-bill/1118
- Open data entity: https://api.congress.gov/v3/bill/119/hr/1118