Reorganizes VA acquisition and establishes cost assessment office

Creates an Assistant Secretary of Veterans Affairs for Acquisition, who is also designated as the Department’s Chief Acquisition Officer, and establishes an Office of Acquisition.

Centralizes acquisition, procurement, and logistics activities under the Office of Acquisition and requires at least four Program Executive Officers and certified managers for major acquisition programs.

Creates a Director of Cost Assessment and Program Evaluation to produce independent cost estimates, analyses, and annual reports to the Secretary and Congress.

Requires the VA to obtain independent verification and validation (IV&V) contracts for major acquisition programs, with eligibility, conflict-of-interest, and performance requirements.

Establishes a standardized requirements development process for major acquisition programs and limits hiring new positions unless justified by cost‑benefit analysis.