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VA Spending Oversight: Ensuring Timely and Efficient Veteran Services.

This law establishes new oversight mechanisms for major acquisition programs within the Department of Veterans Affairs (VA), focusing on projects costing $250 million or more. It creates an Acquisition Review Board and an independent Director of Cost Assessment to ensure taxpayer money is spent efficiently. The goal is to reduce the risk of delays and budget overruns, directly resulting in faster and better delivery of benefits and healthcare for veterans.
Key points
Establishes the VA Acquisition Review Board (ARB) to approve and continuously monitor large investment projects, preventing waste and delays.
Creates an independent Director of Cost Assessment and Program Evaluation (CAPE) to provide realistic and unbiased cost estimates for all major VA programs.
Increases financial transparency and accountability within the VA, ensuring critical services and equipment for veterans are delivered on time and as planned.
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Additional Information
Print number: 118_S_2422
Sponsor: Sen. Tester, Jon [D-MT]
Process start date: 2023-07-20