The Contracting Education Academy

Contracting Academy Logo
  • Home
  • Training & Education
  • Services
  • Contact Us
You are here: Home / Government Contracting News / GAO: $10 billion worth of current federal IT contracts could fail

June 19, 2014 By AMK

GAO: $10 billion worth of current federal IT contracts could fail

At least $10 billion in federal technology contracts are currently at risk of failing, according to a new review by the Government Accountability Office — and the number could be larger.

Chief information officers across federal agencies reported that 183 of 759 major IT investments were at medium to high risk of failing before completion, the congressional watchdog found. Other IT projects also may be at risk, but federal agencies appear to be underreporting potential problems or removing or reclassifying IT investments that once were part of a public scorecard.

The GAO’s IT management director, David A. Powner, outlined the findings last week at a hearing of the Senate subcommittee on efficiency and effectiveness of government programs. His report comes as the government continues to recover from the problem-plagued rollout of HealthCare.gov and other high-profile IT miscues.

“Information technology should enable government to better serve the American people. However, despite spending hundreds of billions on IT since 2000, the federal government has experienced failed IT projects and has achieved little of the productivity improvements that private industry has realized from IT,” Powner said in written testimony.

Keep reading this article at: http://www.washingtonpost.com/business/on-it/gao-10-billion-worth-of-current-federal-it-contracts-could-fail/2014/06/13/1e6ee728-f24f-11e3-9ebc-2ee6f81ed217_story.html

Filed Under: Government Contracting News Tagged With: Commerce Dept., Energy, GAO, information technology, IT, OMB, productivity, risk

Popular Topics

abuse acquisition reform acquisition strategy acquisition training acquisition workforce Air Force Army AT&L bid protest budget budget cuts competition cybersecurity DAU DFARS DHS DoD DOJ FAR fraud GAO Georgia Tech GSA GSA Schedule GSA Schedules IG industrial base information technology innovation IT Justice Dept. Navy NDAA OFPP OMB OTA Pentagon procurement reform protest SBA sequestration small business spending technology VA
Contracting Academy Logo
75 Fifth Street, NW, Suite 300
Atlanta, GA 30308
info@ContractingAcademy.gatech.edu
Phone: 404-894-6109
Fax: 404-410-6885

RSS Twitter

Search this Website

Copyright © 2023 · Georgia Tech - Enterprise Innovation Institute