Activity in agency procurement shops is about to skyrocket because of the billions of dollars coming to agencies from stimulus bills. A lot of that money will hit as agencies are gearing up for the fourth quarter of this fiscal year.
- Jim Williams, former Acting Administrator of the General Services Administration, said he believes a “tidal wave” of money and requirements will hit acquisition shops, which could cause overuse of the lowest price technically acceptable (LPTA) source selection process.
- Trying to save money could lead to spending more, as lesser qualifying resources are used, explained Williams.
- Williams said leaders must emphasize the need for quality and make sure employees understand they must be smart buyers and not resort to LPTA when it is not appropriate to do so.