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Federal Acquisition Savings Act of 2017
(Sec. 2) This bill requires: (1) each executive agency to consider equipment rental in any cost-effectiveness analysis for equipment acquisition; and (2) the Government Accountability Office, within two years after enactment of this bill, to report on decisions of the agencies with the highest levels of acquisition spending, and of a sample of agencies with lower levels of acquisition spending, to acquire high-value equipment by lease, rental, or purchase.
Received; read twice and referred to the Committee on Homeland Security and Governmental Affairs
To require executive agencies to consider equipment rental in any cost-effectiveness analysis for equipment acquisition, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Federal Acquisition Savings Act of 2017”.
(1) IN GENERAL.—With respect to any cost-effectiveness analysis for equipment acquisition conducted on or after the date that is 180 days after the date of the enactment of this Act, the head of each executive agency shall consider equipment rental in such cost-effectiveness analysis.
(2) FEDERAL ACQUISITION REGULATION.—The Federal Acquisition Regulation shall be revised to implement the requirement under paragraph (1).
(b) Study of cost-Effectiveness analysis.—Not later than 2 years after the date of the enactment of this Act, the Comptroller General of the United States shall submit to the Committee on Oversight and Government Reform of the House of Representatives and the Committee on Homeland Security and Governmental Affairs of the Senate a comprehensive report on the decisions made by the executive agencies with the highest levels of acquisition spending, and a sample of executive agencies with lower levels of acquisition spending, to acquire high-value equipment by lease, rental, or purchase pursuant to subpart 7.4 of the Federal Acquisition Regulation.
(1) EQUIPMENT RENTAL.—The term “equipment rental” means the acquisition of equipment by contract from a commercial source for a temporary period of use with no fixed duration.
(2) EXECUTIVE AGENCY.—The term “executive agency” has the meaning given that term in section 102 of title 40, United States Code.
Passed the House of Representatives November 13, 2017.
|Attest:||karen l. haas,|