White House touts $20 billion reduction in drop in contract spending for government

[unhappycamper]

http://www.washingtonpost.com/politics/white-house-touts-20-billion-reduction-in-drop-in-contract-spending-for-government/2012/12/05/e61dbf22-3f29-11e2-bca3-aadc9b7e29c5_story.html

White House touts $20 billion reduction in drop in contract spending for government
By Josh Hicks, Published: December 5

The White House budget office on Thursday reported the federal government had reduced contract spending by 4 percent in the past fiscal year, an accomplishment that it said was the largest drop for a single cycle on record.

The Obama administration said it cut contract spending by more than $20 billion during fiscal 2012, largely by increasing coordination betweeen agencies — buying together instead of independently.

Contracts accounted for about 14 percent of all federal government spending during the past cycle, representing the lowest level since 2003.

President Obama issued a memo in November 2011 directing all government agencies to contract more efficiently, especially for management support services, which include engineering, program management and development of information-technology systems. The administration calculates that contract spending quad­rupled in that area during the previous administration.



unhappycamper comment: You can see 'defense' contracts at: http://www.defense.gov/contracts/