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You are here: Home / Government Contracting News / Acquisition executives figuring out how to deal with budget woes

October 4, 2012 By AMK

Acquisition executives figuring out how to deal with budget woes

Agency chief acquisition officers are not playing a big role in planning for sequestration or even future budget cuts.

An exclusive Federal News Radio surveyof federal CAOs and senior procurement executives found 57 percent of the respondents said they are not preparing for smaller budgets.

Joe Jordan, the administrator of the Office of Federal Procurement Policy, said the survey responses weren’t that surprising.

“With the budget situation overall, agencies have some good foreknowledge usually into what their agency’s budget will look like,” Jordan said in an exclusive interview on In-Depth with Francis Rose. “The important thing is to make sure that planning is integral to the acquisition process overall, make sure agencies are doing good acquisition forecasting, creating robust plans and conducting the appropriate market research, so they can cast a wide net for new businesses that can deliver the goods and services they need in the best possible way.”

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About 15 percent of the 53 CAOs and SPEs responded to Federal News Radio’s questions conducted in August 2012. This is the a second biannual survey of CAOs.

Keep reading this article at: http://www.federalnewsradio.com/517/3062540/Acquisition-executives-figuring-out-how-to-deal-with-budget-woes–

Filed Under: Government Contracting News Tagged With: acquisition strategy, acquisition training, acquisition workforce, budget cuts, market research, OFPP, sequestration

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