Finally, DeCA will be submitting an annual report to the Secretary and Congress, which will include, at a minimum, the results of an independent financial audit, compliance with various reporting laws, as well as other information on DeCA's operations. I view our PBO process in essentially four steps. The first was to obtain relief from regulatory requirements that hamper DeCA's ability to adopt the best commercial practices. Third, is a complete review of our business practices. The fourth stage will be the implementation of the changes to law enacted by you and the findings in our business review.
Step one is both complete and continuing.
We've received some waivers, but are constantly looking for new opportunities to enhance DeCA's performance. We have completed a legislative package which is in the final stages of Administration clearance and will hopefully be submitted soon for your consideration. I have recently ordered a comprehensive review of business processes to determine how we can improve and streamline each process. The intent of this review is to move us from operating within a government framework toward a business framework. After a year of operation as a full fledged PBO, I anticipate a report that will demonstrate dramatic change.