OPMs Privatization of Federal Investigations Advances to Finalist Round of Innovations in American Government Award |
Washington, D.C. With the employee-owned company posting savings of $65 million for Americas taxpayers since 1996, the U.S. Office of Personnel Managements Privatization of Federal Investigations has earned a spot as a finalist in the prestigious Innovations in American Government Awards Program.
The announcement of the Privatization of Federal Investigations as an award finalist was made today in Boston by the Ford Foundation and Harvard Universitys John F. Kennedy School of Government, sponsors of the award.
The privatized investigations unit now operates under the name US Investigations Service (USIS) and provides quality investigations services, at less cost. It is the first employee-owned company to be spun off from a federal program.
"This is a perfect example of how Vice President Gores program to reinvent the federal government should work," said OPM Director Janice R. Lachance. "On behalf of everyone who worked so hard, over so many months to fashion a privatization plan that would work for our customers, the American taxpayer and the affected employees, I am delighted to learn of this news. Advancing to the round of finalists reflects mightily on the work they did to get the privatized, employee-owned investigations operation up and running."
The Office of Personnel Management successfully moved 700 highly trained and motivated employees to the US Investigations Service, Inc., an Employee Stock Ownership Plan company. All of OPMs investigations employees were offered jobs with USIS at the same or better salary and with comparable benefits. OPM retains policy and oversight control for federal agency clients.
Of the more than 300 applications received, only 25 have become finalists for the 2000 Innovations in American Government Awards Program. The Ford Foundation and the John F. Kennedy School of Government will announce the 10 winners on October 12.
- end -
| United
States Office of Personnel Management |
Office
of Communications |
Theodore
Roosevelt Building 1900 E Street, NW Room 5F12 Washington, DC 20415-1400 |
(202)
606-2402 FAX: (202) 606-2264 |
Web page created 24 August 2000