1.4: Strategic Sourcing
Expand Strategic Sourcing Other Information:
Agency spending is typically fragmented across multiple departments, programs, and functions. As a result, agencies often
rely on hundreds of separate contracts for many commonly used items, with prices that vary widely. This often prevents agencies
from receiving the best price they could, leading to an unacceptable waste of taxpayer dollars. To address this waste, agencies
are reviewing their internal buying patterns and identifying opportunities to combine contracts to achieve significant savings
for recurring requirements. The Administration is building on these efforts by pulling agencies together to identify commodities
that all agencies need and are likely to buy with similar terms and conditions.
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