Thursday, October 11, 2007

Last-minute spending hurts IRS, IG says

The Internal Revenue Service’s end-of-year spending increased dramatically in the past five fiscal years, according to a new report.

The overload of work coming at the last minute caused problems in acquisitions. On 15 percent of 92 purchases in August and September 2006, TIGTA found that IRS violated appropriations regulations on four acquisitions, and contracting officers may have skipped steps in the procurement process on 10 others, the report states.

Read the rest of the story: FCW.com News - Last-minute spending hurts IRS, IG says

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