OFPP: Half of contracts must be performance-based in '08

Officials expect agencies to make half their contracts performance-based acquisitions in fiscal 2008, an increase from the goal for 2007, according to a new memo.

Paul Denett, administrator of the Office of Federal Procurement Policy, raised the goal from 45 percent to 50 percent “to continue to motivate agencies to use the [acquisition] strategy,” the Dec. 5 memo states.

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