Contract Management: OFPP Policy Regarding Share-in-Savings Contracting Pursuant to the E-Government Act of 2002

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Correspondence issued by the General Accounting Office with an abstract that begins "In January 2003, we issued two reports that provide insight regarding the share-in-savings (SIS) provisions of the E-Government Act of 2002: one on critical elements of training for new acquisition initiatives and one on commercial practices that foster successful SIS contracting. As follow-up to these reports, we are writing to underscore the need for the Office of Federal Procurement Policy (OFPP) to ensure (1) that members of the federal acquisition workforce understand and appropriately apply this new authority and (2) that appropriate data are collected and available to ... continued below

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United States. General Accounting Office. March 24, 2003.

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Description

Correspondence issued by the General Accounting Office with an abstract that begins "In January 2003, we issued two reports that provide insight regarding the share-in-savings (SIS) provisions of the E-Government Act of 2002: one on critical elements of training for new acquisition initiatives and one on commercial practices that foster successful SIS contracting. As follow-up to these reports, we are writing to underscore the need for the Office of Federal Procurement Policy (OFPP) to ensure (1) that members of the federal acquisition workforce understand and appropriately apply this new authority and (2) that appropriate data are collected and available to meet mandated reporting requirements regarding the effective use of SIS contracting. SIS contracting represents a significant change in the way the federal government acquires information technology. In our report on improving training for new acquisition initiatives, we emphasized the importance that industry and government experts place on training to successfully implement such change. Training on this information technology acquisition initiative will be essential to its effective implementation. In our report on SIS contracting, we highlighted the federal government's limited experience with SIS contracting as well as conditions that fostered successful implementation in commercial SIS contracts."

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Government Accountability Office Reports

The U.S. Government Accountability Office (GAO) is an independent, nonpartisan agency that works for the U.S. Congress investigating how the federal government spends taxpayers' money. Its goal is to increase accountability and improve the performance of the federal government. The Government Accountability Office Reports Collection consists of over 13,000 documents on a variety of topics ranging from fiscal issues to international affairs.

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  • March 24, 2003

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  • June 12, 2014, 7:50 p.m.

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United States. General Accounting Office. Contract Management: OFPP Policy Regarding Share-in-Savings Contracting Pursuant to the E-Government Act of 2002, text, March 24, 2003; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc298353/: accessed September 21, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.