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You are here: Home / Government Contracting News / What does ‘best-in-class’ really mean for federal contracts?

April 11, 2019 By AMK

What does ‘best-in-class’ really mean for federal contracts?

Forgive us for a minute while we play a little semantics. What does the term “best-in-class contracts” really mean?

If you are NASA and your SEWP contract is “best-in-class” does that mean the rest of your contracts are, say, “worst-in-class” or “meh-in-class?”

I bring this up now because the new category management memo from the Office of Management and Budget strongly encourages agencies to use “best-in-class” contracts to help meet the initiative’s goals.

Among the things OMB told agencies to do is: “Annually establish plans to reduce unaligned spend and increase the use of BIC solutions for common goods and services, consistent with small business and other statutory socioeconomic responsibilities.”

Keep reading this article at: https://federalnewsnetwork.com/reporters-notebook-jason-miller/2019/03/what-does-best-in-class-really-mean-for-federal-contracts/

Filed Under: Government Contracting News Tagged With: best in class, category management, enterprise infrastructure solutions, GSA, OMB, small business, strategic sourcing

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