The Congressional Budget Office (CBO) estimates the cost to amend laws regulating how the federal agencies acquire and manage information technology projects would cost nearly $145 billion to implement for fiscal years 2014 through 2018.
That bill would use pay-as-you-go procedures for funding, and agencies not affected by annual appropriations could feel effects on direct spending, the CBO said Nov. 12, 2013. (See cost estimate at: http://cbo.gov/sites/default/files/cbofiles/attachments/hr1232.pdf. )
Under current law, the CBO estimates the federal government spends $50 billion per year to acquire IT products and services through interagency contracts.
