115 HR 3071 : Federal Acquisition Savings Act of 2017 U.S. House of Representatives 2017-11-14 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

IIB 115th CONGRESS1st Session H. R. 3071 IN THE SENATE OF THE UNITED STATES November 14, 2017Received; read twice and referred to the Committee on Homeland Security and Governmental AffairsAN ACT To require executive agencies to consider equipment rental in any cost-effectiveness analysis for equipment acquisition, and for other purposes.

1.

Short title

This Act may be cited as the Federal Acquisition Savings Act of 2017.

2.

Cost-effectiveness analysis of equipment rental

(a)

Cost-Effectiveness analysis of equipment rental

(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. (c)

Definitions

In this section: (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.Karen L. Haas,Clerk.