OMB Tells Agencies To Cut Services Contracts By 15%

Law360, New York (July 8, 2011, 6:10 PM EDT) -- As part of the Obama administration's efforts to cut government waste, officials from the Office of Management and Budget told federal agencies Thursday that they must reduce spending on certain services contracts by 15 percent.

OMB Deputy Director Jeff Zients outlined the plan in a White House forum on accountability in federal contracting. Zients called management support services, including information technology, consulting and acquisition support, one of the fastest-growing areas in government contracting, and often one of the riskiest to the government because of a relative...
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