OMB, GAO confident in FITARA’s impact as guidance is finalized
Agencies are leaving billions of dollars on the table because they are consistently duplicating efforts.
The Government Accountability Office’s latest report identifies dozens of areas where overlap exists. Auditors say reducing that duplication could provide $80 billion in additional savings.
But some expect a new law to give that effort a shot in the arm and help deliver more and more savings in the coming years.
The Federal IT Acquisition Reform Act (FITARA), which President Barack Obama signed into law as part of the 2015 National Defense Authorization Act in December, is expected to create new technology and acquisition disciplines across government that could lead to reductions of overlaps and more savings.