Procurement Intelligence Briefing

Simplifying Federal Procurement, Strengthening Federal Acquisition Practices and Reducing Red-tape

Published: January 31, 2015•1 min read•GovPurchase Research Desk
Key Intelligence Takeaways

This briefing covers active market intelligence, regulatory guidelines, and tactical capture recommendations for federal and defense contractors pursuing opportunities in this procurement classification.

Simplifying Federal Procurement, Strengthening Federal Acquisition Practices and Reducing Red-tape.

This administration has made significant progress on strengthening federal acquisition practices, reducing red-tape, and providing greater benefit for taxpayer dollars. Executive departments and agencies have cut contracts that are no longer necessary or affordable, – resulting in over $55 billion in savings in just FY 2013 alone – launched new efforts to pool the government’s buying power through strategic sourcing, and implemented other smart buying strategies to deliver better value for the American people.

While we have made tremendous progress, there is a critical need for a new paradigm in federal procurement. The overwhelming feedback from industry and other stakeholders is that the sheer complexity of the federal contracting space is leading to less innovation, higher costs, and weaker performance. We have more than 3,300 contracting units across the federal government, but there’s very little sharing of information and best practices and very little collaboration across our organizations. The result is that we have a lot of duplicative efforts.

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