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1 CBO Cost Estimate, H.R. 4920, Department of Veterans Affairs Contracting Preference Consistency Act 1 (December 13, 2019)

handle is hein.congrec/cbodvaf0001 and id is 1 raw text is: j Congressional Budget Office Cost Estimate December 13, 2019 By Fiscal Year, Millions of Dollars 2020 2020-2024 2020-2029 Direct Spending (Outlays) Revenues Increase or Decrease (-) in the Deficit 0 0 0 0 Under current law, the Department of Veterans Affairs (VA) can give preference to firms that are owned or controlled by veterans when it awards contracts for goods and services. H.R. 4920 would require VA to instead give preference to nonprofit firms that employ the blind and other individuals with disabilities when it contracts for goods and services that are included on the procurement list maintained by the Committee for Purchase From People Who Are Blind or Severely Disabled. Because the bill would change the firms from which VA procures those goods and services but would not affect the underlying costs of administering VA programs, CBO estimates that implementing the provision would not affect the federal budget. The CBO staff contact for this estimate is Logan Smith. The estimate was reviewed by Leo Lex, Deputy Assistant Director for Budget Analysis. See also CBO's Cost Estimates Explained, www,cbo gov/publication /54437; How CBO Prepares Cost Estimates, www.cbo.gov/publication/53519; and Glossary, www cbo~govipublicationi42904.

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