Value Over Cost Act of 2026 passed the House 529 days after introduction and awaits a vote in the Senate
Written by the Congressional Research Service [2]. 99 words.
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.)
- Committees
- House Armed Services Committee
House Oversight and Government Reform Committee
Senate Homeland Security and Governmental Affairs Committee - Policy area
- Government Operations and Politics: 580 of 5,914 bills became law, 113th–118th (9.8%)
- Sponsor
- 1 of 121 bills enacted since 2013
- Text versions
- 3, from introduced in house to referred in senate · 48 words
- Subjects
- Public contracts and procurement
- Latest action
- Jul 22, 2026: Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
- Records
- Congress.gov · Bill text
Each bill appears once, under its strongest link. 1 in all.
Related, per CRS or House · 1
- 119th S. 2118 Value Over Cost Act of 2025 R · Introduced