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GAO: Agencies lack risk management in service contracts
John Hutton, the director of acquisition and sourcing management issues at GAO, joined In Depth with Francis Rose to discuss the watchdog agency's latest report, which focused on service contracts.
Tags: John Hutton , GAO , acquisition , contracting , In Depth , Francis Rose ,
GAO: Lack of guidance stymies efforts to review DoD service contracts
In 2008, Congress mandated the Pentagon to keep an inventory of service contracts and review it annually to make sure government work wasn't being improperly outsourced. But the Government Accountability Office, in a recent report, found a lack of guidance from the top has led to challenges in implementing that requirement.
Tags: GAO , Tim DiNapoli , Francis Rose , In Depth , DoD , acquisition , service contracting , DoD Report ,
TSP notes: TSP Roth launch 'on time'
Tom Trabucco, director of external affairs at the Federal Retirement Thrift Investment Board, joined In Depth with Francis Rose to discuss the "three-legged stool" of federal retirement, the ballpark-estimate calculator and how it works.
Tags: TSP , pay and benefits , workforce , benefits , retirement , Tom Trabucco , FRTIB , In Depth , Francis Rose ,
Roth TSP launch closer with new draft regulations
The rollout of the Roth option for the Thrift Savings Plan, which would allow federal employees to invest already-taxed income, has long been discussed in the federal pay-and-benefits world. That launch moved another step closer, with the planned publication Wednesday of draft regulations in the Federal Register. And TSP participants will soon have more information about what the plan will look like.
Tags: pay and benefits , benefits , TSP , Roth TSP , Tom Trabucco , Federal Register ,
Roth TSP set for May 7 launch
The Roth option for the Thrift Savings Plan, which will allow federal employees to contribute after-tax dollars toward their retirement-savings accounts, will launch May 7, the Federal Retirement Thrift Investment Board announced today. The board, which first began planning the Roth TSP in June 2009 when it was authorized, made the announcement at its quarterly meeting of TSP coordinators.
Tags: Roth TSP , TSP , Gregory Long , pay and benefits , retirement ,
DoD civilians, others can now make Roth TSP contributions
After a two-month delay, all civilian employees at the Defense Department, as well as several other agencies, can now contribute to the recently rolled-out Roth option for their Thrift Savings Plans.
Tags: Roth TSP , FRTIB , TSP , pay and benefits , DFAS ,
Collins wants to know why VA conference planners received bonuses
In an Oct. 9 letter to VA Secretary Eric Shinskei, Sen. Susan Collins requested the agency disclose whether employees responsible for planning the two conferences held in Orlando, Fla., last summer, also worked on other conferences. In addition, Collins said she wants to know how much conference planners earned in bonuses and other awards for their work.
Tags: Congress , Senate , oversight , Susan Collins , VA , Eric Shinseki , conference spending ,
Intelligence community employees to gain whistleblower protections
Employees in the intelligence community (IC) who report waste, fraud and abuse have gained whistleblower protections, under a directive President Barack Obama issued Wednesday. The presidential policy directive aims to ensure intelligence and national security employees are able to legally report agency wrongdoing and be protected from retaliation for doing so.
Tags: whistleblower , Whistleblower Protection Enhancement Act , intelligence community , POGO , Congress ,
Cyber attack against TSP contractor exposes thousands of accounts
A sophisticated cyber attack against the Thrift Savings Plan contractor responsible for maintaining the agency's data centers compromised the information of 123,000 TSP participants. However, there is no indication the data has been misused, according to the Federal Retirement Thrift Investment Board. There is also no indication that the TSP's network or its website were affected.
Tags: Serco , cybersecurity , technology , TSP , cyber attack , Greg Long ,
House passes bill to streamline process for disposing of excess federal property
The House unanimously voted Tuesday to create a new process for disposing of the federal government's 14,000 excess properties, beginning with a pilot program to sell off more than a dozen of the most profitable facilities. Under the law, agencies would be able to keep a portion of the proceeds from the sale of real property. The bill would also create a comprehensive database compiling a list of all of the federal government's real property.
Tags: GSA , OMB , federal real property , Jason Chaffetz , Mike Quigley , Jeff Denham , civilian BRAC , House Oversight and Government Reform Commitee , federal property ,
