Over the last two months, we initiated a series posting each chapter of our latest book, Transforming the Business of Government: Insights on Resiliency, Innovation, and Performance (https://bit.ly/3Nss2Tw) on this site. The purpose was to share the insights found in the book and get them into the hands and minds of as wide an audience as possible. This book commemorates the 25th anniversary of The IBM Center for The Business of Government.
The federal government spends more than $500 billion in the acquisition of goods and services annually. However, agencies face enduring challenges in modernizing the procurement process to support mission achievement, including requirements definition, competition, pricing, contractor oversight, federal procurement data, acquisition workforce, and small business participation.