Value Over Cost Act of 2026
The source supplies the latest action, but no lifecycle stage.
Latest action (22 Jul 2026): Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
What this bill does
This bill, the Value Over Cost Act of 2026, would change how the General Services Administration (GSA) evaluates bids for contracts under its multiple award schedule program. Currently, these contracts are often awarded based on the lowest overall cost. This legislation would allow the GSA to consider "best value," which means they can factor in non-cost elements alongside price to determine the offer that provides the greatest overall benefit to the federal government.
The GSA's multiple award schedules are used by federal agencies to simplify the process of buying commercial supplies and services. By allowing for best value evaluations, the bill affects how federal agencies can acquire goods and services, potentially leading to different outcomes in contract awards than if only cost were considered.
The bill has passed the House of Representatives and will now move to the Senate for consideration. If passed by the Senate, it would then go to the President to be signed into law.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Official 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.)
Timeline
22 Jul 2026
Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Common questions
- What does H.R. 1118 do?
- This bill, the Value Over Cost Act of 2026, would change how the General Services Administration (GSA) evaluates bids for contracts under its multiple award schedule program. Currently, these contracts are often awarded based on the lowest overall cost. This legislation would allow the GSA to consider "best value," which means they can factor in non-cost elements alongside price to determine the offer that provides the greatest overall benefit to the federal government. The GSA's multiple award schedules are used by federal agencies to simplify the process of buying commercial supplies and services. By allowing for best value evaluations, the bill affects how federal agencies can acquire goods and services, potentially leading to different outcomes in contract awards than if only cost were considered. The bill has passed the House of Representatives and will now move to the Senate for consideration. If passed by the Senate, it would then go to the President to be signed into law.
- Has H.R. 1118 become law?
- The source does not supply a confirmed lifecycle stage for H.R. 1118. Check the latest action and official source below.
- Who sponsored H.R. 1118?
- H.R. 1118 was sponsored by Rep. Donalds, Byron [R-FL-19] (R-FL), with 1 cosponsor.
- What's the latest action on H.R. 1118?
- Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (22 Jul 2026).
Related bills in Government Operations and Politics
Bring Our Heroes Home Act
Skills-Based Federal Contracting Act of 2025
National American History and Founders Month Act
Italian Heroes and Heritage Act
More bills from Rep. Donalds, Byron [R-FL-19]
Protecting Ratepayers Act
Reform Immigration Through Biometrics Act
Atomic Supply Chain Solutions Act
Continuing Appropriations and Border Security Enhancement Act, 2024
Bill100 mirrors the public U.S. legislative record from Congress.gov and GovTrack and adds plain-English AI summaries. It is an information tool, not legal, compliance or lobbying advice, and it is not affiliated with the U.S. Congress or any government agency. AI summaries can simplify or omit detail — every bill links to the official source; verify there before you rely on it.