Monday, December 21st, 2009   1:27 pm | Author: chris | Politics/Government, Services/Products | Add Comment
Tags: cost savings, Obama, taxpayers
don’t hold your breath.
The administration found $19 billion in cost savings by making cuts to contracting services and consolidating purchase contracts.
By modifying and consolidating purchasing contracts the Department of Homeland Security will save more than $87 million. The cuts will be made at every agency according OMB Deputy Director for Management Jeff Zients.
The Office of Management and Budget outlined some of the cuts and announced the government will create an online “dashboard” so taxpayers can gauge whether agencies are meeting their goals.
talkingpointsmemo reports that “The Department of Energy’s National Nuclear Security Administration (NNSA) is using more online tools such as one that’s like eBay and will save $73 million.”
“Contractors enter prices until the bid ‘auction’ ends with the selection of the lowest-price contractor. As eBay allows bidders to enter a higher price for an item if they are outbid, a contractor can revise its bid if another firm offers a lower ..continue reading