A bill to require the Federal Government to use the total life cycle cost of an article, rather than the purchase price, for procurement of certain energy-intensive consumer products.
Life Cycle Costing Procurement Act - Directs the Administrator for Federal Procurement Policy to prescribe regulations requiring Federal agencies to purchase consumer products and motor vehicles on the basis of lowest life-cycle costs where such goods are purchased through any contract the total price of which exceeds $10,000. States that such life-cycle policy shall not impair any small business or labor surplus set-aside program or the operation of the provisions of the Buy American Act.
Introduced in Senate
Referred to Senate Committee on Governmental Affairs.
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