By Marina Malenic Two dozen federal agencies have reported to the Office of Management and Budget on how they propose to achieve over $19 billion in acquisition-related savings during this fiscal year, as the Obama administration lays out plans on how to double that number in two years time. Federal Chief Performance Officer Jeff Zients, who also serves as OMB's deputy director for management, said yesterday that OMB is encouraging the agencies to reduce their dependency on "high-risk" contracts and…
Washington Poised to Cut $40 Billion in Contracting Largess Over Two Years
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