Best Practices: Improved Knowledge of Dod Service Contracts Could Reveal Significant Savings

ISBN-10: 1289042233
ISBN-13: 9781289042233
Series: Best Practices
Pages: 52
Language: English
Published: 2013-06
Publisher: BiblioGov
Authors: U. S. Government Accountability Office, U S Government Accountability Office

Description

Department of Defense (DOD) spending on service contracts approaches $100 billion annually, but DOD's management of services procurement is inefficient and ineffective and the dollars are not always well spent. Recent legislation requires DOD to improve procurement practices to achieve savings. Many private companies changed management practices based on analyzing spending patterns and coordinating procurement in order to achieve major savings. This report evaluates five companies' best practices and their conduct and use of "spend analysis" and the extent that DOD can pursue similar practices.