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United States · Bill · HR

H.R. 9596 (118th)

Value Over Cost Act

openUnited States· United States Congress· EN

Introduced

16 September 2024

Last action

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Status

Placed on Senate Legislative Calendar under General Orders. Calendar No. 755.

Sponsors

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Subjects

Discovery layer

Source updated

6 June 2025

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Summary

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.) 

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Documents

9 official files

Reported to Senate (text)

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