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1 1 (October 4, 2017)

handle is hein.congrec/cbo3823 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE October 4, 2017 H.R. 3071 Federal Acquisition Savings Act of 2017 As ordered reported by the House Committee on Oversight and Government Reform on September 13, 2017 H.R. 3071 would amend the Federal Acquisition Regulation to require agencies to consider equipment rental in any analysis performed prior to acquiring a piece of equipment. The bill also would require a report within two years by the Government Accountability Office on equipment acquisitions. According to the General Services Administration, agencies are already required to consider purchasing or leasing when evaluating the acquisition of equipment. This bill would clarify that renting equipment is an acceptable method for acquiring equipment. Because H.R. 3071 would not materially change how agencies acquire equipment, CBO estimates that implementing H.R. 3071 would have no significant effect on the federal budget. H.R. 3071 could affect direct spending by agencies not funded through annual appropriations; therefore, pay-as-you-go procedures apply. CBO estimates, however, that any net increase in spending by those agencies would not be significant. Enacting H.R. 3071 would not affect revenues. CBO estimates that enacting H.R. 3071 would not increase net direct spending or on- budget deficits in any of the four consecutive 10-year periods beginning in 2028. H.R. 3071 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments. The CBO staff contact for this estimate is Matthew Pickford. This estimate was approved by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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