Value Over Cost Act

HR 9596, the Value Over Cost Act, amends federal procurement rules to allow agencies to select "best value" instead of strictly the lowest cost when awarding multiple-award schedule contracts. It requires agencies to choose the lowest cost alternative unless the General Services Administration (GSA) Administrator determines that "best value" (as defined in standard federal procurement guidelines) better serves government needs. This change directly affects federal agencies using the multiple-award schedule program for purchasing goods and services, giving the GSA discretion to prioritize broader value - like quality or innovation - over minimal price in specific cases. The bill does not alter existing "best value" standards but formally incorporates them into the procurement framework.