The Defense Department (DoD) is spending a lot of time trying to figure out how it can speed up its acquisition process while saving money too.

One method DoD is constantly working on is how it buys commercial items. It spends about $60 billion a year on items that are sold in the private sector.

But, determining what is considered a commercial item and how much that commercial item should cost can get tricky.

That’s where the Defense Contract Management Agency’s new Cost and Pricing Centers come into play.

First started as a pilot program back in 2013, the Congressionally mandated centers are set to be fully staffed this June.

Keep reading this article at: http://federalnewsradio.com/acquisition-policy/2016/05/dod-bettering-commercial-pricing-practices/