Value Over Cost Act

Summary

Official

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...

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Bill Progress

Passed House, sent to Senate

Introduced(9/16/24)

Committee

Passed House

Passed Senate

President

Law

Sponsor

Mr. Donalds

House (R) Florida – 19

Cosponsors (4)

Boebert

House (R) Colorado

Higgins

House (R) Louisiana

Moskowitz

House (D) Florida

Nehls

House (R) Texas

Topics

Government Spending & Operations

Latest Action

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

Dec 19, 2024