Kathleen Hicks, the Biden Administration's nominee for Deputy Defense Secretary, expressed criticism this week for the current "use or lose" culture in defense budgeting.
"If the incentive structure is you only get your money if you spend it inefficiently and hold on to it and hide the ball, you'll never get the business reform that we need," she said.
Ms. Hicks also expressed support for Other Transaction Authority agreements and other alternative purchasing and contracting methods as mechanisms that increase efficiency and attract new talent and non-traditional defense contractors to the Defense Industrial Base.
A change to "use or lose" budgeting will have broad implications for those that work with the federal government. We will continue to track this discussion.
Additionally, the Biden Administration's continued support for OTAs and other alternative purchasing and contracting methods (such as SBIRs) is encouraging and will continue the innovation emerging from Army Futures Command, AFWERX, and SOFWORX. Ward & Berry works hard to assist its clients – both established government contractors and innovators new to the world of federal contracting – in their efforts to rapidly bring innovative solutions to the federal government.
Read more here.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.