COST of Relocations Act

Congressional Oversight to Secure Transparency of Relocations Act or the COST of Relocations Act

This bill requires a federal agency seeking to relocate more than 5% of its employees or more than 100 employees to conduct and make public a comprehensive cost-benefit analysis of the proposed change.

Specifically, the agency must conduct such analysis and submit it to the agency's office of inspector general for review and submission to Congress.

The report must include

• the anticipated outcomes and improvements that will result from the proposed relocation,
• the metrics for measuring whether the proposed relocation results in the anticipated outcomes and improvements,
• a timeline of past and future engagements with stakeholders regarding the proposed relocation,
• a comprehensive strategy for accomplishing the proposed relocation, and
• an assessment of the short- and long-term effects of the proposed relocation on the agency's mission.

Bill 118 hr 1106, also known as the COST of Relocations Act, is a piece of legislation introduced in the US Congress. The main purpose of this bill is to address the costs associated with relocating federal agencies and employees.

The bill aims to require federal agencies to provide detailed reports on the costs of relocating employees and offices. This includes information on the costs of moving expenses, lease terminations, and any other expenses related to the relocation process.

Additionally, the bill seeks to establish a cost-sharing mechanism for federal agencies that are considering relocating. This would help ensure that the costs of relocation are shared fairly among the agencies involved. Overall, the COST of Relocations Act is designed to increase transparency and accountability in the federal government's relocation processes. By requiring detailed reports and establishing cost-sharing mechanisms, the bill aims to reduce unnecessary costs and ensure that taxpayer dollars are being spent efficiently.