GSA: We'll change to black

The General Services Administration is looking at all options for overhauling its slumping assisted acquisition services business. GSA officials said they intend to bring business costs in line with revenue by October, the start of the new fiscal year.

“Expect to see changes in our business models,” said Lurita Doan, GSA administrator, in a statement to Federal Computer Week. “Our fees and fee structures, our workforce, and our systems may all be affected as we work hard to improve GSA acquisition service offerings.”

GSA is taking those steps because it expects its assisted acquisition services business to be $60 million in the red in fiscal 2007, based on $3.7 billion in expected revenue of which GSA’s average fee is 4 percent.

Read rest of the story: FCW.com News - GSA: We'll change to black