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Competitive
Sourcing is a process that compares private sector and Government
bids to determine the most cost effective way to buy services. This
Government wide initiative was introduced under the President's
Management Agenda (PMA) of fiscal year 2002. The PMA is the starting
point for government and management reform. The focus of the PMA;
- Identifies
five government wide and nine agency - specific goals to improve
federal management and deliver results and
- Reflects
the Administration's commitment to achieve immediate, concrete,
and measurable results.
The
Competitive Sourcing Initiative is expected to achieve efficient
and effective competition between public and private sources. This
initiative promotes innovation, efficiency, and consistency generates
significant savings and noticeable performance improvements.
HUD's
Office of the Chief Financial Officer (OCFO), Risk Management Division
provides oversight and coordinates the annual FAIR Act Inventory
requirements; issues and implements Competitive Sourcing policy;
provides recommendations to the Competitive Sourcing Official on
competitions; monitor competitions and outcomes; and serves as the
primary interface with the Office of Management and Budget (OMB).
This
website provides information about HUD's Competitive Sourcing activities.
HUD is committed to fulfilling this PMA initiative. This website
was designed to assist interested partiees in learning more about
A-76 process.
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