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You are here: Home / Government Contracting News / Pentagon gets better grip on spending for services contracts

December 22, 2014 By AMK

Pentagon gets better grip on spending for services contracts

Defense Department managers in fiscal 2013 came in $500 million under spending limits on contract services required by the 2012 National Defense Authorization Act, a watchdog found, an improvement over the previous year, when departmental caps were exceeded by $1.72 billion.

pentagon-sealBut more precision and consistency in multi-year data are needed to “budget and manage contract services spending,” the Government Accountability Office reported on Dec. 11, 2014. Of all Pentagon components, only the Army broke the limits on the services contracts that the congressional Armed Services committees determined were needed to maintain the proper balance between the civilian and contract workforces.

The Army, auditors found, exceeded its spending target “due to inaccurate budget estimates and weaknesses in planning by not soliciting inputs on commands’ contract services spending plans.”

Keep reading this story at: http://www.govexec.com/contracting/2014/12/pentagon-gets-better-grip-spending-services-contracts/101154

Filed Under: Government Contracting News Tagged With: Army, DoD, GAO, service contracts, spending

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