OMB OKs Federal Marketplace Category Divisions

1 min read

BudgetThe Office of Management and Budget’s Strategic Sourcing Leadership Council has approved 10 new marketplace categories of commonly purchased items under the government’s category management approach.

The categories cover spending areas such as information technology, transportation, travel and professional services, the OMB said Wednesday.

According to the office, the category management approach is intended to identify categories of spend, develop levels of expertise, share best practices, streamline services, and manage supply and demand.

A team of experts will lead each category by developing a government-wide strategy for acquisition.

The General Services Administration’s online portal Common Acquisition Platform will serve as the starting point to centralize all acquisition categories.

GSA plans to coordinate with the SSLC and the federal acquisition community to develop guidelines for executing category management.

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