WASHINGTON Because of lax oversight, undeserving companies collected millions in federal contracts from an $8 billion government program designated for small businesses in poor neighborhoods, congressional investigators charge.
i'm sure the dems. will be all over this,not.
#156 | Posted by semtex111
Obama orders overhaul of `broken' US contracting
AP
WASHINGTON Blasting Bush-era government contracting, President Barack Obama on Wednesday ordered an overhaul designed to halt the delays, waste and blatant fraud that exasperate the public and politicians alike...
..."It starts with reforming our broken system of government contracting," Obama said. "There is a fundamental public trust that we must uphold. The American people's money must be spent to advance their priorities, not to line the pockets of contractors or to maintain projects that don't work."...
...Obama signed a presidential memo with two key parts.
The first orders his budget chief, with help from other agency heads, to come up with guidance by July 1 for how the entire government can review its existing contracts and identify ones that are wasteful or not essential. Those contracts would then be subject to being modified or canceled.
The other part directs the budget director, Peter Orszag, to issue even broader guidance to all agencies by Sept. 1. It will spell out improved oversight, including more limits on no-bid contracts, help agencies in putting together staffs to do that oversight and clarify when sending government work to private companies is OK.