The year-end ritual across the Defense Department is “use it or lose it,” with employees racing to spend every last dollar on office equipment and information technology, hoping to save their budgets from next year’s axe.
But there’s a better way, according to former Defense Department Comptroller Bob Hale. Hale, a BoozAllen fellow, has a list of cost-saving recommendations in a 15-page report published by the Center for a New American Security this week.
To curb hurried spending at the end of the fiscal year, which often accounts for lower-quality contracts, the new administration would instead allow small amounts to carry over into the next year. One federal agency with carry-over authority, the Justice Department, experienced significantly smaller spending spikes as the fiscal year, which ends Sept. 30, draws to a close.
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