Value Over Cost Act of 2025
Summary
The Value Over Cost Act of 2025 would amend federal procurement law to give the General Services Administration (GSA) Administrator flexibility in how contracts are awarded under the multiple award schedule program. Currently, federal agencies must award contracts based on the lowest overall cost. This bill would allow the GSA to instead award contracts based on best value, which means considering factors such as quality, performance, and other non-cost factors when evaluating proposals, if the GSA determines this approach serves the federal government's best interests. The bill applies to both civilian and military procurement under the multiple award schedule program. Supporters argue that choosing the cheapest option does not always provide the best value to taxpayers, particularly for technology and services where long-term costs and performance matter. The bill would give federal agencies more flexibility to balance cost with quality and performance when making purchasing decisions.
AI-generated summary