Abstract Currency
ABSTRAX/CONGRESS/BILLS/H.R. 1118
DATA 1d ago
H.R. 1118PASSED HOUSEGOVERNMENT OPERATIONS AND POLITICS

Value Over Cost Act of 2026

Value Over Cost Act of 2026

View on congress.gov →
INTRODUCED
Feb 7, 2025
COSPONSORS
1
as reported
ROLL CALLS
1
votes taken
LATEST ACTION
Jul 22, 2026

SUMMARY

as published

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.)

LATEST ACTION

verbatim

Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Jul 22, 2026

ROLL-CALL VOTES

1 on this measure

SPONSOR

COSPONSORS

0 of 1 synced

The cosponsor roster for this measure has not been synced yet.

SUBJECTS

1
Public contracts and procurement

SOURCES

Bill status and summary text are published by Congress.gov after the fact; a summary can lag introduction by several weeks. The verbatim latest action is authoritative where it and the status rung disagree.