Tom Davis Advocating for New Contractor Payment Model

Tom Davis
Tom Davis

Congress should form a new procurement model that pays contractors only when they achieve defined business results, former Virginia Rep. Tom Davis told a House committee Tuesday.

The Washington Business Journal reports Davis, director at Deloitte & Touche, said the performance-based model would pay contractors if they delivered cost savings to the government.

Davis told the House Oversight and Government Reform Committee in prepared remarks that contractors would bear the risk of delivering the results.

This new model would aim to promote innovation and creative thinking in industry, he said, according to Jill Aitoro’s story.

The committee also heard from Federal Chief Information Officer Steven VanRoekel on issues facing project management in government information technology (click here for our coverage of VanRoekel’s testimony).

You may also be interested in...

By Light to Acquire Cole Engineering Services; Bob Donahue Quoted

By Light Professional IT Services announced a definitive agreement to acquire Cole Engineering Services, Inc. (CESI) on Thursday. The terms of the acquisition have not been disclosed at this time. The transaction is subject to the approval of CESI shareholders and normal regulatory approvals and is expected to close in the fourth quarter of 2019.

Leave a Reply

Your email address will not be published. Required fields are marked *