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<titleInfo>
 <title>Proposed Revisions to OMB Circular A-76</title>
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<abstract>This report contains GAO&apos;s assessment of the Office of Management
and Budget&apos;s (OMB) efforts to revise OMB Circular A-76, which	 
prescribes policies and procedures agencies must use when	 
considering the transfer of commercial activities between the	 
public and private sectors. The proposed revision was issued for 
public comment on November 19, 2002. GAO found the proposed	 
revision consistent in many ways with the sourcing principles and
recommendations adopted by the Commercial Activities Panel. There
are several areas, however, where the proposed revisions to the  
Circular are not consistent with the principles or		 
recommendations of the Commercial Activities Panel. Specifically,
these include the absence of a link between sourcing policy and  
agency missions, unnecessarily complicated source selection	 
procedures, certain unrealistic time frames, and insufficient	 
guidance on calculating savings.</abstract>
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<note>Correspondence</note>
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