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Value Over Cost Act of 2024

Floor Speech

Date: Nov. 12, 2024
Location: Washington, DC

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Mr. HIGGINS of Louisiana. Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 9596) to amend title 41, United States Code, and title 10, United States Code, to provide best value through the multiple award schedule program, and for other purposes.

The Clerk read the title of the bill.

The text of the bill is as follows: H.R. 9596

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE.

This Act may be cited as the ``Value Over Cost Act of 2024''. SEC. 2. PROVIDING BEST VALUE THROUGH THE MULTIPLE AWARD SCHEDULE PROGRAM.

(a) In General.--Section 152(3)(B) of title 41, United States Code, is amended to read as follows:

``(B) orders and contracts under those procedures result in--

``(i) the lowest overall cost alternative; or

``(ii) in the case that the Administrator of General Services determines that obtaining best value (as described under section 15.101 of the Federal Acquisition Regulation) is necessary to promote the best interests of the Federal Government, obtaining the best value to meet the needs of the Federal Government.''.

(b) Conforming Amendment.--Section 3012(3)(B) of title 10, United States Code, is amended to read as follows:

``(B) orders and contracts under those procedures result in--

``(i) the lowest overall cost alternative; or

``(ii) in the case that the Administrator of General Services determines that obtaining best value (as described under section 15.101 of the Federal Acquisition Regulation) is necessary to promote the best interests of the Federal Government, obtaining the best value to meet the needs of the United States.''.

Mr. Speaker, I rise in support of H.R. 9596, the Value Over Cost Act.

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Mr. HIGGINS of Louisiana. Mr. Speaker, I have no further speakers on this bill, and I am prepared to close.

Mr. Speaker, I encourage my House colleagues to support this bill, and I yield back the balance of my time.

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