Defense officials developing ‘world-class buyers’
Shay Assad is digging into the nitty-gritty of what defense agencies are paying for products and services to find how to get as much possible out of the money they spend. Assad recently was named the...
View ArticleDoD urges acquisition cost reduction measures
Defense Department acquisition managers should routinely take measures to reduce cost, but those savings shouldn’t come at the expense of long-term degradation of effectiveness, says an Aug. 6 DoD...
View ArticleCost and price course scheduled in October
The Contracting Education Academy at Georgia Tech is offering a course focusing on the Fundamentals of Cost & Price Analysis in government contracting on October 14-25, 2013. This comprehensive,...
View ArticleArmy contracting personnel weren’t aware of contracting rule
Army contracting personnel didn’t adhere to a new rule during their work on contracts worth about $10.5 billion because they weren’t aware of it, a report from the Defense Department office of...
View ArticleGAO critical of how DoD estimates insourcing cost
The way the Defense Department estimates the cost of insourcing contractor positions to government employees has come under new criticism from the Government Accountability Office. Whether government...
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Quality cost data is key to making better management decisions
Cost estimating may not be as exciting as the new baseball season or the competition on American Idol, but for anyone in management, it is absolutely vital, if somewhat less entertaining. Especially if...
View ArticleAir Force claims $2 billion in acquisition savings from ‘should-cost’ management
The concept of “should-cost” management was a key component of the first version of the Defense Department’s Better Buying Power program when it was first rolled out almost five years ago. But the Air...
View ArticleDoD doesn’t know if it can sustain contracting database, says GAO
The Defense Department doesn’t know what resources it needs to sustain it’s contracting database, says a Feb. 18 Government Accountability Office (GAO) report. The DoD has not assessed all resources...
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DoD fails to comply with rules to curb contractor estimate deficiencies
The Defense Department’s contracting component hasn’t observed new rules meant to address deficiencies in the way contractors estimate prices for DoD, says a June 29 DoD inspector general report....
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Air Force blames mistaken bomber costs on ‘human error’
The U.S. Air Force blamed mistaken cost estimates for the new bomber program — one of the most closely watched defense acquisition efforts underway — in part on “human error.” As Bloomberg News...
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