OMB Estimates $1.1B Savings on A-76 Competitions; 89% Goes to Government
A recent competitive sourcing study by the Office of Management and Budget stated that for FY 2003 and the first quarter of 2004, competitive sourcing decisions are expected to save the government $1.1 Billion over the next 3-5 years, translating into a $12,000 savings for each of the 17,595 full time equivalent (FTE) positions competed out. Representing not such good news for the private sector, the 17,595 FTEs competed out is a drop in the bucket of the 425,000 commercial type positions OMB previously identified as being candidates for contracting out. Further, 89% of the FTEs competed out were awarded to in-house, that is federal, employees (http://results.gov.index.html).
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