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Tuesday, May 15, 2007
CAP on Contract Reform
The Center for American Progress has a comprehensive new report on government contracting and how it could be reformed.
Selling products and services to the federal government has become an enormous industry in the United States. In 2005, federal contracts represented about 3 percent of U.S. gross domestic product, making it approximately the same size as the entire automobile industry, including the sale of imported cars and auto parts. Insuring that the government maintains a fair, open, and competitive market for the goods and services it purchases is important not only for maintaining the quality of key government services and minimizing their cost but also for setting ethical and performance standards that affect the broader economy.
Posted by Matt Lewis
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