I 115th CONGRESS 1st Session H. R. 3071 IN THE HOUSE OF REPRESENTATIVES June 27, 2017 Mr. Carter of Georgia (for himself, Mr. Himes , and Mr. Grothman ) introduced the following bill; which was referred to the Committee on Oversight and Government Reform A BILL To require executive agencies to consider equipment rental in any cost-effectiveness analysis for equipment acquisition, and for other purposes.

1. Short title This Act may be cited as the Federal Acquisition Savings Act of 2017 . 2. Cost-effectiveness analysis of equipment rental (a) Cost-Effectiveness analysis of equipment rental (1) 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. (2) Federal Acquisition Regulation The Federal Acquisition Regulation shall be revised to implement the requirement under paragraph (1). (b) Study of cost-Effectiveness analysis Not later than two 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 each executive agency to acquire equipment by lease or purchase pursuant to subpart 7.4 of the Federal Acquisition Regulation. (c) Definitions In this section: (1) 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. (2) Executive agency The term executive agency has the meaning given that term in section 102 of title 40, United States Code.