As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on May 15, 2024
By Fiscal Year, Millions of Dollars
2024
2024-2029
2024-2034
Direct Spending (Outlays)
0
0
0
Revenues
0
0
0
Increase or Decrease (-) in the Deficit
0
0
0
Spending Subject to Appropriation (Outlays)
0
*
not estimated
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?
No
Statutory pay-as-you-go procedures apply?
No
Mandate Effects
Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?
No
Contains intergovernmental mandate?
No
Contains private-sector mandate?
No
* = between zero and $500,000.
Summary
H.R. 5528 would require the Office of Management and Budget (OMB) to evaluate whether using the lowest price technically acceptable (LPTA) process for federal procurement poses a national security risk. LPTA is a competitive procurement process that allows agencies to select the lowest evaluated price that meets minimum performance requirements. The bill also would require OMB to report its findings to the Congress within 180 days of enactment.
Based on the cost of preparing similar studies, CBO estimates that implementing the bill would cost less than $500,000 over the 2024-2029 period. Any spending would be subject to the availability of appropriated funds.