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Buy Smarter and Save Act of 2017

Introduced: November 3, 2017 See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Nov 3, 2017

Referred to the House Committee on Oversight and Government Reform.

Nov 3, 2017

Introduced in House

Plain-English summary Congressional Research Service

Buy Smarter and Save Act of 2017

This bill requires the President to establish, and federal agencies to implement, annual government-wide goals for agencies to reduce the number of contracts for the procurement of common goods and services, increase spend under management, and use category management to produce savings.

"Category Management" is a business practice for reducing duplication in contracting, more effectively leveraging the buying power of the federal government, and promoting the use of best-in-class solutions and practices throughout the government.

"Spend under management" is the number equal to the quotient obtained by dividing (1) the total spending on preferred government-wide contract vehicles by (2) the total spending on all government-wide contract vehicles.

What's happening now November 3, 2017

Referred to the House Committee on Oversight and Government Reform.

Committees of jurisdiction 1