Results of Better Buying Power Policy

December 23, 2015

DoD says acquisition reforms working, won’t create new policy next year

Listen to Pentagon acquisition chief Frank Kendall discuss the Defense Department’s acquisition reforms.

Source: Federal News Radio, Scott Maucione, December 2, 2015

A statistical analysis released by the Defense Department shows that the department’s acquisition reforms have controlled cost growth, said Pentagon acquisition chief Frank Kendall.

Kendall added that he will not release a new iteration of Better Buying Power — DoD’s acquisition reform policy — next year, and instead will focus on the initiatives in the previous versions.

“I plan to keep going with the things we started five years ago and to do more of them and continue the continuous improvement efforts that we started. They are working,” Kendall, DoD’s undersecretary for acquisition, logistics and technology (ATL) said during a speech at the Potomac Officers Club Defense Research and Development Event.

The analysis numbers show a decline in the growth of annual contract costs from about 9 percent in 2010 — when the reforms began —  to about 3.5 percent in 2015.

“There is so much noise in the system that it’s very hard to see the results of policy, but there you have it,” Kendall said Dec. 2 in McLean, Va. “I think this is a powerful and compelling piece of data that says we are doing the right things and we need to keep doing them.  Read More …

 Contact your nearest PTAC how this might affect your relationship with government contractors.


Keep up to date follow us on Twitter, LinkedIN or Facebook!

 For help with Government Contracting: contact your nearest Procurement Technical Assistance Center (PTAC). Funded through Cooperative Agreements between the U.S. Department of Defense and state and local governments/institutions, PTACs provide free and low-cost assistance in virtually all areas of government contracting.