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H.R. 3071 (115th): Federal Acquisition Savings Act of 2017

The text of the bill below is as of Nov 13, 2017 (Passed the House).

Summary of this bill

Source: Republican Policy Committee

H.R. 3071 requires a revision to the Federal Acquisition Regulation (FAR) directing agencies to consider equipment rental in any cost effectiveness analysis performed prior to acquiring a piece of equipment. The bill also requires the Government Accountability Office to submit a report to Congress two years after enactment on agency decisions to obtain equipment by purchase, lease, or rental.

In 2012, the Government Accountability Office (GAO) reported that agencies annually spent more than $200 billion purchasing or leasing equipment. Purchasing accounted for almost all of the spending. Current rules encourage agencies to assess the cost effectiveness of purchasing equipment versus leasing, but these rules do not include a requirement to …



1st Session

H. R. 3071



To require executive agencies to consider equipment rental in any cost-effectiveness analysis for equipment acquisition, and for other purposes.


Short title

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


Cost-effectiveness analysis of equipment rental


Cost-Effectiveness analysis of equipment rental


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.


Federal Acquisition Regulation

The Federal Acquisition Regulation shall be revised to implement the requirement under paragraph (1).


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.



In this section:


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.


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,