Troublesome contracting trends persist under Bush, report finds

The government’s procurement spending continues to climb, noncompetitive contracts occur more frequently, and waste, fraud and abuse persist throughout the departments, according to a new report from the House Oversight and Government Reform Committee.

For the first time, annual procurement spending increased to more than $400 billion, with more than half coming from new contracts that were awarded without full and open competition. Furthermore, the total value of wasteful contracts now exceeds $1 trillion, according to the report, titled “More Dollars, Less Sense: Worsening Contracting Trends Under the Bush Administration.”

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