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Cutting Costs
Agencies Cut Billions in IT Spending
- By Joseph Marks
- October 26, 2012
- Comments
Agencywide reviews of information technology spending project government savings of $2.5 billion during the next three years, Office of Management and Budget acting Director Jeffrey Zients said in a blog post Wednesday.
The savings will come from 98 plans developed during PortfolioStat review sessions aimed at rooting out unnecessary, underperforming and duplicative programs and shifting to bulk-buying contracts with lower per unit costs, Zients said.
PortfolioStat, launched in March, was a successor to TechStat, a program of adapt-or-perish reviews for individual technology contracts that officials said has saved at least $4 billion since 2010.
Joseph Marks covers government technology issues, social media, Gov 2.0 and global Internet freedom for Nextgov. He previously reported on federal litigation and legal policy for Law360 and on local, state and regional issues for two Midwestern newspapers. He also interned for Congressional Quarterly’s Homeland Security section and the Associated Press’s Jerusalem Bureau. He holds a bachelor’s degree in English from the University of Wisconsin and a master’s in international affairs from Georgetown.
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