White House to Save $40 Billion Annually through Contracting Reforms
2001-12-02 01-03 Neuseeland 056 by Allie_Caulfield
License (according to Flickr): Attribution License
License (according to Flickr): Attribution License
WASHINGTON, D.C. — The White House today formally unveiled contracting and workforce reforms that are designed to save the taxpayers at least $40 billion a year. The reforms, released by the Office of Management and Budget (OMB), focuses on three areas: improving acquisition, managing the multi-sector workforce, and contractor performance information. "Today’s guidance is a major step forward in providing the federal government with the capacity to carry out robust and thorough management and oversight of its contracts in order to achieve programmatic goals, avoid significant overcharges, and stop wasteful spending," said OMB Director Peter Orszag. President Obama, in a March 4 memorandum, established his principles for contracting reform, and charged the OMB with identifying the best approaches to accomplish his goals. Today’s guidance will help restore accountability, save taxpayers money, hold contractors accountable for past performance, and end the all-too-common practice of overreliance on contractors.
Keywords:
contracts workforce past performance contracting taxpayers government contracting contractors President Obama federal government managing Peter Orszag White House obligated competition wasteful the taxpayers the american people next phase accountability management robust thorough incentive choosing outsourcing assessments step pilot award information WASHINGTON first time special database project organizationPeople:
Peter Orszag
Overall Sentiment: -0.0434725
Relevance: 0.369613
| Sentiment | Quote |
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| 0.190245 | "We are taking steps that are effective immediately to change the culture of government contracting, putting the focus on providing the best services for the taxpayers," Director Orszag said. ... |
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Disambiguation: Politician | Appointee | Celebrity | CompanyFounder | OfficeHolderReferences:
President Obama
Overall Sentiment: -0.0195258
Relevance: 0.281563
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Additional Info:
City: WASHINGTON
Overall Sentiment: 0.0219563
Relevance: 0.309799
Disambiguation: AdministrativeDivision | GovernmentalJurisdiction | MilitaryPost | PlaceWithNeighborhoods | USCountyReferences:
Facility: White House
Overall Sentiment: 0.197047
Relevance: 0.30938
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Organization: OMB
Overall Sentiment: 0.0491242
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Organization: federal government
Overall Sentiment: 0.327821
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The White House today formally unveiled contracting and workforce reforms that are designed to save taxpayers at least $40 billion a year.
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White House to Save $40 Billion Annually through Contracting Reforms
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