Small business (1 - 3 of 3 items) in Past 6 Months
Contracting Data Analysis: Assessment of Government-wide Trends
GAO-17-244SP: Published: Mar 9, 2017. Publicly Released: Mar 9, 2017.
Federal agencies spent over $430 billion on contracts for goods and services in 2015—almost 40 percent of all discretionary spending. To strengthen contracting practices and increase oversight of government spending, we analyzed contract data and identified overall trends in spending, competition, and contract type. From 2011 to 2015, we found that spending at defense agencies decreased by almo...
Revenue Collections and Payments: Treasury Has Used Financial Agents in Evolving Ways but Could Improve Transparency
GAO-17-176: Published: Jan 25, 2017. Publicly Released: Feb 24, 2017.
The Department of the Treasury's (Treasury) use of financial agents has evolved as it has moved from paper to electronic transactions in response to changes in technology and new laws. Treasury has a long history of using financial agents to support its core functions of disbursing payments and collecting revenue. Since the 1980s, Treasury has used agents to move from paper to electronic transacti...
Federal Procurement: Smarter Buying Initiatives Can Achieve Additional Savings, but Improved Oversight and Accountability Needed
GAO-17-164: Published: Oct 26, 2016. Publicly Released: Oct 26, 2016.
From fiscal year 2011 through 2015, federal agencies reported spending almost $2 billion through the Federal Strategic Sourcing Initiatives (FSSI) GAO reviewed and reported an estimated total of $470 million in savings. Federal agencies' low use of the FSSIs, however, diminished the potential savings that could have been achieved. For example, in fiscal year 2015, federal agencies spent an estimat...