How DoD is bettering its commercial pricing practices

The Defense Department is spending a lot of time trying to figure out how it can speed up its acquisition process while saving money too.

One method DoD is constantly working on is how it buys commercial items. It spends about $60 billion a year on items that are sold in the private sector.

But, determining what is considered a commercial item and how much that commercial item should cost can get tricky.

That’s where the Defense Contract Management Agency’s new Cost and Pricing Centers come into play.

Continue reading: http://federalnewsradio.com/acquisition-policy/2016/05/dod-bettering-commercial-pricing-practices/