Easy access to all the Government news updates

Subscribe and receive personalized news articles straight in your inbox

*By clicking "Join us now" you agree to receive emails, promotions and general messages from ExecutiveGov. In addition, you also agree to ExecutiveGov's Privacy Policy and Terms & Conditions.

x
/

Deltek: Defense Bill Ties Parts Of Pentagon Funds To Contract Inventory

1 min read
Site: oregon.gov

A draft version of the fiscal year 2013 defense authorization bill would tie funding for several Pentagon entities, according to a Deltek analysis.

John Slye of GovWin evaluated the House Armed Services Committee’s progress in marking up their version of the bill.

The proposed legislation would restrict 20 percent of funds on the offices of:

  • defense undersecretary for acquisition, technology and logistics
  • assistant Navy secretary for research, development and acquisition
  • assistant Air Force secretary for acquisition

Those offices would not get to spend the funds until they make progress on collecting data and reporting on service contract inventories, according to Slye.

Under the current markup, the defense secretary’s office and the departments of the Navy and Air Force would also have 20 percent of funds withheld from spending on other contracts.

Those funds would be released when the secretary certifies to Congress that the Pentagon is collecting data on service contracts.

ExecutiveGov Logo

Sign Up Now! Executive Gov provides you with Free Daily Updates and News Briefings about DoD

Leave a Reply

Your email address will not be published.