Value Over Cost Act of 2026 (H.R. 1118)
Referred to CommitteeLatest Action
Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
7/22/2026 • Senate
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.)
Introduced in House • 2/7/2025
CBO Cost Estimates (1)
Related Federal Spending
Sponsor & Cosponsors (2)
Party Breakdown
Sponsor
Cosponsors (1)
Bill Journey
Originated in the House
Introduced
February 7, 2025
Committee Review
February 4, 2026
Committee Consideration and Mark-up Session Held
Floor Debate
July 20, 2026
Passed Chamber
July 21, 2026
Other Chamber
President
Enacted into Law
Text Versions (3)
Related Bills (1)
Committees
Details
Sources and method
· Congress.gov, CRS, House Clerk, CBO, USAspending, FEC, LDA · Record updated Aug 6, 2026
- Congress.govLibrary of CongressStatus, actions, sponsors, cosponsors, committees and textRecord updated Aug 6, 2026 · Loaded Oct 25, 2026, 2:06 AM ET
- CRS bill summaryCongressional Research Service, via Congress.govOfficial summarySummary of the “Introduced in House” version, Feb 7, 2025 · Loaded Oct 25, 2026, 2:06 AM ET
- House roll-call votesOffice of the Clerk, U.S. House of RepresentativesRoll-call results on this billLatest roll call Jul 21, 2026 · Loaded Oct 25, 2026, 2:06 AM ET
- CBO cost estimatesCongressional Budget OfficeCost estimatesLatest estimate Mar 19, 2026 · Loaded Oct 25, 2026, 2:06 AM ET
- USAspending.govU.S. Department of the TreasuryRelated Federal Spending section
- FEC filingsFederal Election CommissionFunding & Lobbying section
- Lobbying disclosures (LDA)Secretary of the Senate and Clerk of the HouseFunding & Lobbying section
All sources: Public domain (17 U.S.C. § 105) · Method: Data sources → · Campaign finance →
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Dates shown where the source reports one. “Loaded” is when CIV.IQ last fetched the record.