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Tag Archives: contract spending

GAO: Small Business Administration’s Procurement Scorecard Needs to Inspire More Spending Confidence

A Government Accountability Office report indicates a standstill in the Small Business Administration's procurement scorecard progress and recommends evaluating new scoring methodologies to further encourage contract award opportunities for small businesses.

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GAO: Defense Agencies’ Spending on Contracts Dropped 32% in Fiscal 2015

The Government Accountability Office has analyzed governmentwide contracting data from the Federal Procurement Data System-Next Generation database and found that spending on contracts at defense agencies declined by about 32 percent from $399 billion in fiscal year 2011 to $274 billion in FY 2015. GAO said in a report released Thursday that civilian agencies’ …

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Report: DoD Cut FY 2014 Contract Spending by 8%

Figures released by the Federal Procurement Data System show that the Defense Department‘s overall spending dropped 8 percent last fiscal year to $284.9 billion, Federal Times reported Thursday. Andy Medici writes a Federal Times analysis of FPDS data found that although many non-defense government agencies increased their spending on contracts …

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Ray Odierno, John McHugh Preview Army Service Contract Cuts

U.S. Army Chief of Staff Gen. Ray Odierno and Secretary John McHugh have announced that the Army is in the process of cutting its spending on services contracts to drive efficiency, Federal News Radio reported Thursday. Jared Serbu writes that the contract spending cuts could continue over the next three years and would add to other reductions …

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GAO: Strategic Sourcing Could Help Govt Save $50B Per Year

A new report by the Government Accountability Office says strategic sourcing initiatives could generate at least $50 billion in annual savings for the U.S. government, Fedscoop reported Tuesday. Cory Bennett writes GAO says the government allocates $537 billion per year to support federal acquisition programs and only a fraction of …

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Agencies Must Improve Contract Plans, Report Says

Federal agencies do not always take advantage of acquisition planning, leading to late contract awards and cost overruns, a Government Accountability Office report says. For its report released Aug. 9, the GAO surveyed the Departments of Health and Human Services and Homeland Security, NASA and the Agency for International Development. …

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