Bill > HR1272

This bill, the COST of Relocations Act or the Congressional Oversight to Secure Transparency of Relocations Act, requires federal agencies to conduct a detailed benefit-cost analysis before carrying out certain major relocations or administrative redelegations of functions. The analysis must include quantifying the anticipated outcomes and improvements, explaining how the relocation will achieve these, and providing a comprehensive strategy for the relocation. The agency's Inspector General must then review the analysis and submit a report to Congress, which will assess the agency's adherence to the relevant guidance and, for relocations out of the National Capital Region, the consideration of real estate options. The bill aims to increase transparency and oversight around federal agency relocations.