The federal government spends on the order of $450 billion a year buying goods and services—about 40 percent of federal discretionary spending.
Following are three recommendations for improving the performance and results of the procurement system:
- Develop more information about contract performance
- Pivot to the post-award stage
- Expand forms of contracting that pay for success
For details, see: http://m.govexec.com/excellence/promising-practices/2016/12/memo-president-performance-and-results-procurement/134173