Summary: S.3251 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for S.3251. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (07/19/2018)

Federal Acquisition Savings Act of 2018

This bill requires executive branch agencies to acquire equipment using the method of acquisition most advantageous to the federal government based on a case-by-case analysis of comparative costs and other factors. The methods of acquisition compared in the analysis must, at a minimum, include purchase, short-term rental or lease, long-term rental or lease, interagency acquisition, and acquisition agreements with a state or a local government. The bill includes exceptions for emergency declarations, major disaster declarations, and other emergency situations.