Value Over Cost Act
- Introduced Sep 16
- Committee Sep 16
- Passed House Nov 12
- Passed Senate Next
- To President Not yet
- Law Not yet
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Summary
Value Over Cost Act of 2024
Full summary1 paragraphs
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.)
Library of Congress summary, Sep 16, 2024
- Introduced in HouseSep 16, 2024
Actions
- SenateCommittee on Homeland Security and Governmental Affairs. Reported by Senator Peters without amendment. With written report No. 118-335.Dec 19, 2024
- SenatePlaced on Senate Legislative Calendar under General Orders. Calendar No. 755.Dec 19, 2024
- SenateCommittee on Homeland Security and Governmental Affairs. Ordered to be reported without amendment favorably.Nov 20, 2024
- SenateReceived in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.Nov 13, 2024
- HouseMotion to reconsider laid on the table Agreed to without objection.Nov 12, 2024
- HouseOn motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H5942)Nov 12, 2024
- HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 9596.Nov 12, 2024
- HouseConsidered under suspension of the rules. (consideration: CR H5942-5943)Nov 12, 2024
- HouseMr. Higgins (LA) moved to suspend the rules and pass the bill.Nov 12, 2024
- HouseCommittee Consideration and Mark-up Session HeldSep 18, 2024
- HouseOrdered to be Reported in the Nature of a Substitute by the Yeas and Nays: 39 - 0.Sep 18, 2024
- HouseIntroduced in HouseSep 16, 2024
All actions13
- HouseReferred 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.Sep 16, 2024
Bill record
Text versions4
- Reported to SenateDec 19, 2024PDF: Reported to Senate
- Referred in SenateNov 13, 2024PDF: Referred in Senate
- Engrossed in HouseNov 12, 2024PDF: Engrossed in House
- Introduced in HouseSep 16, 2024PDF: Introduced in House
Committees3
- Senate Homeland Security and Governmental Affairs CommitteeReported By Dec 19, 2024Markup By, Nov 20, 2024Referred To, Nov 13, 2024
- House Oversight and Government Reform CommitteeMarkup By Sep 18, 2024Referred To, Sep 16, 2024
- House Armed Services CommitteeReferred To Sep 16, 2024
Sponsor and cosponsors4 cosponsors
- Rep. Byron Donalds (R-FL-19)Sponsor, Sep 16, 2024
- Clay Higgins (R-LA-3)OriginalJoined Sep 16, 2024
- Lauren Boebert (R-CO-3)OriginalJoined Sep 16, 2024
- Troy Nehls (R-TX-22)OriginalJoined Sep 16, 2024
- Jared Moskowitz (D-FL-23)Joined Sep 18, 2024
Amendments0
No amendments offered
Cost estimates and reports2
- CBO: H.R. 9596, Value Over Cost ActDec 11, 2024As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on November 20, 2024
- S. Rept. 118-335Committee report
Titles2
- Value Over Cost ActShort Title(s) as Reported to Senate
- 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.Official Title as Introduced
Subjects2
Related bills0
No related bills listed
Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.