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GAO explains why all the excess contracts revenue

Bill Woods, director of Acquisition and Sourcing Management Issues at GAO, explains the watchdog agency\'s recommendations for getting a handle on these contrac...

Federal News Network Staff

September 15, 2011 7:41 pm

< a min read

wfedstaff | June 4, 2015 11:08 am

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Agencies running government-wide multiple award contracts are raking in a lot of money. Four of six agencies report excess revenues between 2007 and 2010, according to a Government Accountability Office report.

Bill Woods, director of Acquisition and Sourcing Management Issues at GAO, explains the watchdog agency’s recommendations for getting a handle on these contracting costs.