BILLIONS LOST IN POTENTIAL SAVINGS THROUGH LACK OF STRATEGIC SOURCING
WASHINGTON—The federal government could significantly reduce contracting costs through the increased use of “strategic sourcing,” according to a report issued Thursday at the request of Homeland Security and Governmental Affairs Committee Chairman Joe Lieberman, ID-Conn., Ranking Member Susan Collins, R-Maine, Oversight and Government Reform Chairman Darrell Issa, R-Cal., and Ranking Member Elijah Cummings, D-Maryland. Strategic sourcing is the analytical assessmen...