Acquisition and contracting improvement plans and pilots
Subtitle: saving money and improving government
Publisher: Executive Office of the President of the U.S., Office of Management and Budget
Published: 2009
Place of publication: Washington, D.C.]
Language: eng
Format: [electronic resource] :
Number of pages: 12
Subjects: Government purchasing; Management; Public contracts; Costs
Notes: Title from title screen (viewed Dec. 22, 2009).

"December 2009."

President Obama believes that taxpayers deserve to have their dollars spent wisely. To help instill a new sense of responsibility when it comes to spending the taxpayers' dollars, he has charged federal departments and agencies with saving $40 billion annually by Fiscal Year (FY) 2011 through terminating unnecessary contracts, strengthening acquisition management, ending the overreliance on contractors, and reducing the use of high-risk contracts across government. Since 2002, spending on federal contracts has more than doubled. To achieve these savings, agencies are using a combination of strategies, including program terminations and reductions, internal spending caps, and more effective use of competition. Innovative approaches, such as online reverse auctions and electronic-sealed bids, also are contributing to the agency plans. Agencies are identifying new avenues for strategic sourcing, where the government leverages buying power to achieve better deals for the taxpayer. As the world's largest purchaser, the government is positioned to negotiate lower prices for goods and services. Yet, that position has not been utilized fully. The Chief Acquisition Officers Council is identifying new strategic-sourcing approaches, and how to structure contracts so as to provide better value for a lower price for commonly acquired goods and services.

Mode of access: World Wide Web.

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