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H.R. 1118: Value Over Cost Act of 2026

119th Congress · introduced 2025-02-07 · Government Operations and Politics · Latest: Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

federal

What does this mean?

Official title

Value Over Cost Act of 2026

Plain summary

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.)

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

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A “Nay” vote

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What does this mean? (plain words)

Official text

Value Over Cost Act of 2026

Source: Congressional Research Service summary (Introduced in House)

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Officials and money

Sponsor: Rep. Donalds, Byron [R-FL-19] · 1 cosponsors

Money: CBO cost estimate: H.R. 1118, Value Over Cost Act of 2026 (2026-03-19) No linked contracts or vendors yet.

Recorded votes

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong119-hr1118 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills