Within this framework, new public policy issues, legislation, accounting and financial reporting issues, market forces and technology shape the program agenda and priorities from year to year. OMB Circular No. A-129. Planning and Portfolio Status Reporting Develops an annual plan as part of the status report and 5-year plan for Financial Management. Management objectives for Credit and Debt Collection are defined for inclusion in the President s Budget. The Work plan and priority management objectives are monitored by the Director of OMB and by OMB Examiners.
Group identifies significant problems and makes Recommendations to the chair as needed.
In consultation with Treasury, major portfolios are monitored quarterly to review the status of receivables, delinquencies, collections and write-offs. The GSA Schedule now lists 62 approved contractors and has been utilized extensively. Commissioner W.E. Douglas, Financial Management Service, Department of the Treasury, December 16, 1985.