Bill 118 hr 4225, also known as the VA Acquisition Review Board Act of 2023, aims to establish an Acquisition Review Board within the Department of Veterans Affairs (VA). The purpose of this board is to review and provide oversight of major acquisition programs within the VA to ensure they are being carried out efficiently and effectively.
The bill outlines the composition of the Acquisition Review Board, which will consist of senior officials within the VA as well as external experts with experience in acquisition and procurement. The board will be responsible for reviewing and approving major acquisition programs, assessing their progress, and identifying any potential issues or risks that may arise.
Additionally, the bill requires the VA to submit annual reports to Congress detailing the activities and decisions of the Acquisition Review Board. This transparency measure is intended to ensure that Congress and the public are informed about the VA's acquisition processes and any challenges that may arise.
Overall, the VA Acquisition Review Board Act of 2023 seeks to improve the VA's acquisition processes and ensure that taxpayer dollars are being spent wisely on programs that benefit our nation's veterans.