with Francis Rose, Monday-Friday 1-3pm
November 4, 2009 - 4:20pm
"The Office of Management and Budget is drawing a line in the sand for how agencies need to improve federal contracting. In fact, they are putting down several of them.
"OMB's deputy director for management Jeffrey Zients detailed those goals and explained why this approach and time will be different than previously.
"In two memos issued Tuesday, OMB put several stakes in the ground. The first is for agencies to save $40 billion over the next two years by reviewing work they have contracted out and deciding if it can be done better by bringing in house or recompleting it. Agencies have until Nov. 2 to submit to OMB plans on how they will do this.
"Zients' second stake focuses on whether agencies are using the most appropriate type of contract, reducing the number of cost reimbursement type contracts and using more firm fixed price contracts. OMB wants agencies to reduce by 10 percent the number of cost type contracts by the end of 2010."
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