Senate passes Acquisitions Improvement Act

The bill aims to improve acquisition workforce training, increase accountability and expand the use of the Acquisition Workforce Training Fund.

By Jolie Lee
Federal News Radio

The Senate passed a bill this week that aims to increase oversight of government acquisitions and offer more consistent acquisition workforce training.

The Federal Acquisitions Improvement Act calls for the FAI Director to be appointed by and report to the Office of Federal Procurement Policy Administrator.

The act also expands the use of the Acquisition Workforce Training Fund to include any purpose in the OFPP statute. Currently, the training fund cannot be used for recruiting candidates to the acquisition field.

“Improving the Federal Acquisition Institute is a good first step to address our ongoing procurement challenges” said Sen. Susan Collins (R-Maine), Ranking Member of the Senate Homeland Security and Governmental Affairs Committee, in a statement.

The federal government spends $538 billion on procurement, Collins said in the statement.

“If better training can help avoid overpaying even one percent of total contract spending, the taxpayer would save more than $5 billion each year. The numbers speak for themselves,” Collins said.

Copyright © 2024 Federal News Network. All rights reserved. This website is not intended for users located within the European Economic Area.

    Amelia Brust/FNNFederal budget request concept

    House GOP setting up DOGE subcommittee to address ‘wasteful’ federal spending

    Read more
    Social Security

    In final pitch, O’Malley highlights ‘deep concerns’ for SSA before his resignation next week

    Read more