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    Subject Term: "Letter contracts"

    2 publications with a total of 4 open recommendations
    Director: Seto Bagdoyan
    Phone: (202) 512-6722

    2 open recommendations
    Recommendation: The Administrator of SBA should direct the Associate Administrator of Business Development to document its planned method for tracking revenue generated under subsidiaries' primary and secondary lines of business, with milestones and timelines for when and how the method will be implemented.

    Agency: Small Business Administration
    Status: Open

    Comments: GAO is reviewing documentation that SBA provided regarding actions that it has taken to address this recommendation and is currently determining whether these actions fully address the recommendation.
    Recommendation: The Administrator of SBA should direct the Associate Administrator of Business Development to provide the appropriate level of access to and sharing of relevant subsidiary data across district offices, including primary and secondary North American Industry Classification System codes and revenue data, once SBA develops a database with the capabilities of collecting and tracking this revenue data as we recommended in 2012.

    Agency: Small Business Administration
    Status: Open

    Comments: GAO is reviewing documentation that SBA provided regarding actions that it has taken to address this recommendation and is currently determining whether these actions fully address the recommendation.
    Director: Michele Mackin
    Phone: (202) 512-4841

    2 open recommendations
    Recommendation: To gain visibility and enable efficient management on the use of bridge contracts in federal agencies, the Administrator of OFPP should take appropriate steps to develop a standardized definition for bridge contracts and incorporate it as appropriate into relevant FAR sections.

    Agency: Executive Office of the President: Office of Management and Budget: Office of Federal Procurement Policy
    Status: Open

    Comments: In July 2017, staff from the Office of Federal Procurement Policy (OFPP) stated that OFPP will be convening the FAR Council to discuss regulatory action after it completes the development of management guidance. The management guidance, which, according to OFPP staff includes a definition of bridge contracts, has been drafted and reviewed by agency Chief Acquisition Officers and Senior Procurement Executives. OFPP staff told us that they received many comments on the draft guidance and that they were in the process of addressing these comments. OFPP staff could not provide a date as to when they expected the management guidance would be finalized.
    Recommendation: To gain visibility and enable efficient management on the use of bridge contracts in federal agencies, the Administrator of OFPP should, as an interim measure, until the FAR is amended, provide guidance to agencies on (1) a definition of bridge contracts, with consideration of contract extensions as well as stand-alone bridge contracts; and (2) suggestions for agencies to track and manage their use of these contracts, such as identifying a contract as a bridge in a Justification and Approval (J&A) when it meets the definition, and listing the history of previous extensions and stand-alone bridge contracts back to the predecessor contract in the J&A.

    Agency: Executive Office of the President: Office of Management and Budget: Office of Federal Procurement Policy
    Status: Open

    Comments: As of July 2017, OFPP has drafted management guidance, which, according to OFPP staff, includes a definition of bridge contracts. The guidance, which was reviewed by agency Chief Acquisition Officers and Senior Procurement Executives, was originally expected to be issued to agencies by the end of calendar year 2016. However, OFPP staff told us that they received many comments on the draft guidance from the agencies, and that they were in the process of addressing these comments. OFPP staff could not provide an update as to when management guidance would be completed.