Under regulations prescribed by the administering Secretaries, health care contracts shall be awarded in the administration of this chapter to the offeror or offerors that will provide the best value to the United States to the maximum extent consistent with furnishing high-quality health care in a manner that protects the fiscal and other interests of the United States.
(b) Factors Considered.—In the determination of best value under subsection (a)—
The authority under the regulations prescribed under subsection (a) shall apply to any contract in excess of $5,000,000.
(Added Pub. L. 106–65, div. A, title VII, § 722(a), Oct. 5, 1999, 113 Stat. 695.)