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DoD Competition Rate Declining: GAO Report

Competition is the “cornerstone of a sound acquisition process” and a vital tool for offering taxpayers the best return on investment, but the competition rate at the Defense Department has been slipping over the past five fiscal years, a Government Accountability Office report says. The DoD’s competition rate for all competed contracts declined over the past five fiscal years, “from 62.6 percent in FY 2008 to 57.1 in FY 2012,” said the March 28 report GAO-13-325. In FY 2012, auditors…

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Congress Updates

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