Profile Picture kmemmott-kern

created Jan 29 2020

updated Mar 28 2024

Description

This element/indicator measures the Department’s progress in managing risk through reducing the use of high-risk contracting authorities. High-risk contracting authorities, such as noncompetitive contracting, cost-reimbursement contracts, and time-and materials and labor-hour contracts, pose special risks of overspending. The Department’s high-risk contracting percentage for the base year (FY2009) was 53.4%, and OMB directed that we maintain a 10% reduction from the FY 2009 based on the share of dollars obligated under new contract actions that use high-risk contracting authorities for future FYs. The Department's target is 46.9%, which is a 10% reduction from the FY 2009 base. The target is depicted as a percentage. A percentage equal to or lower than 46.9% is favorable. Federal Procurement Data System (FPDS) is the data source that is used for information pertaining to high-risk contracting activities and is the single source for U.S. government-wide procurement data.

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Category
KPI: Departmental Management
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Public
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general government & management, pma - workforce, pma - business of government
Row Label
SODA2 Only
Yes
Licensing and Attribution
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Departmental Management
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License
Public Domain U.S. Government
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I affirm that, to the best of my knowledge, this data is accurate and does not contain any personally identifiable information (PII) or business identifiable information (BII)
Yes
Program Activity
Program Activity Name
Operations And Administration
Strategic Objective 2022-2026
Strategic Objective Name
5.1 - Effectively implement new Department of Commerce authorities and investments
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