The Defense Department and General Services Administration overstated their use of consolidated contracts because they weren’t properly reported to the Federal Procurement Data System, a Nov. 26 Government Accountability report says.
In a consolidated contract consolidation, an agency combines two or more contract requirements that were previously under separate contracts.
GAO reviewed 157 contracts reported as consolidated and found that 34 percent of DoD and all of GSA contracts weren’t actually consolidated.
The Small Business administration is required to track information on consolidated contracts, but SBA has not submitted an annual report to Congress since fiscal year 2010, the report says.
Keep reading this article at: http://www.fiercegovernment.com/story/dod-and-gsa-overstated-use-consolidated-contracts-gao-says/2013-11-27
The GAO report can be downloaded at: http://www.gao.gov/assets/660/659254.pdf