Wednesday, August 3, 2011

DoD Says Acquisition Reform is Nearing its Goals

DoD announced last week that it is 18 to 24 months away from completing the implementation of changes in the way it procures goods and services. The DoD initiative, (aka the Better Buying Power Initiative) arose from a mandate to deliver better value to taxpayers and war fighters. The initiative targeted five areas;

  1. affordability (the No. 1 priority), 
  2. incentivizing productivity in industry (e.g. use more FPI contracts), 
  3. promote competition, 
  4. improve trade craft, and 
  5. reduce bureaucracy.

According to Shay D. Assad, the Director of Defense Pricing, most of the policy and execution plans are already in place and although progress is being made toward achieving those goals, it will take 18 to 24 months to implement the plans among 26,000 contractors and three million contract actions.

We'll just have to take their word for it.

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