United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2005-07-26 monographic deposited born digital 17 p. GA 1.13:GAO-05-736 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-05-736 P0b002ee180397426 f:d05736 DGPO 2010-08-12 2011-03-24 GAOREPORTS-GAO-05-736 machine generated eng fdlp REPORT GAOREPORTS-GAO-05-736 GAO-05-736 Contract administration Contract performance Federal procurement Federal procurement policy Federal regulations Information technology Policy evaluation Performance-based contracting Other Written Product A31120 Federal agencies spend billions of dollars every year on information technology and are increasingly using performance-based contracting methods where agencies specify desired outcomes and allow contractors to design the best solutions to achieve those outcomes. Share-in-savings contracting is one such method under which a contractor provides funding for a project, and the agency compensates the contractor from any savings derived as a result of contract performance. The E-Government Act of 2002 authorized the use of share-in-savings contracting for information technology and required implementing regulations by mid-September 2003. The Office of Management and Budget (OMB) reported in December 2004 that no share-in-savings contracts had been awarded. The act's authority expires in September 2005. The act required GAO to assess the effectiveness of share-in-savings contracts. Because no such contracts have been awarded, GAO cannot provide an assessment. Instead, GAO reviewed the status of regulations and tools available to agencies in developing these contracts and identified the reasons agencies have not used the authority provided by the act. OMB and the General Services Administration (GSA) generally agreed with GAO's report. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-05-736/html/GAOREPORTS-GAO-05-736.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-05-736/pdf/GAOREPORTS-GAO-05-736.pdf GAO-05-736 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-05-736 Other Written Product GAO-05-736; Federal Contracting: Share-in-Savings Initiative Not Yet Tested; Contract administration Contract performance Federal procurement Federal procurement policy Federal regulations Information technology Policy evaluation Performance-based contracting Public Law 99-272 Public Law 107-347