Also in the News: Agencies overstate savings from competitive sourcing

A new report from the Government Accountability Office says agencies are overstating how much money they save when they let contractors compete for federal jobs, according to a story in Federal Times.

GAO said it didn't have enough information to say how much agencies were overstating savings from the competitions, known as competitive sourcing. But it did review three competitive sourcing competitions by the Labor Department and found that the costs of conducting them were between 25 percent and 45 percent higher than the department estimated, according to Federal Times.

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