Passed House. Latest step, Jul 22, 2026: Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs. The House passed it 421–1.All 4 of Iowa's representatives voted yes in the House. It would change 1 section of existing law.
How this bill changes the law
Sourced
H.R. 1118 would change 1 section of existing law. Read from the bill text as sent to the Senate (Jul 22, 2026).
adds
changes words
removes or repeals
renumbers
Dashed lines: proposed, not law.
H.R. 1118Bill
Sec. 2Providing best value through the multiple award schedule program1 change
From the bill's official text on GovInfo and the U.S. Code, 2024 edition, which may not yet show changes made since.
What it does
Sourced
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.)
Official summary by the Congressional Research Service (Introduced in House, Feb 7, 2025).
Our plain-language breakdown, with what it means for you and the case for and against, is written once a bill starts to move.
What has happened
Sourced
Jul 21, 2026Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 421 - 1 (Roll no. 252). Roll call recordLibrary of Congress