Intragovernmental Transactions Project The “Big Picture” February 21, 2003

What Is It? Realization of a new vision – “Electronic acquisition between federal agencies that features consistency in the business process, standardization in the data architecture, improved decision support information, and high quality financial data”

What Are The Goals? Apply standards to an undisciplined process Use technology to improve data management Use technology to make information readily available Provide a tool for reconciliation and elimination of intragovernmental transactions

Who Are The Driving Forces? Director, OMB Comptroller General, GAO Secretary, Treasury Deputy Director for Management, OMB Managing Partner, Financial Management and Assurance, GAO Fiscal Assistant Secretary, Treasury House and Senate Oversight Committees

How Will We Get There? Use Simplified Acquisition as model for the process Define data standards to support acquisition life cycle, financial reporting, and elimination Use BPN registration process to capture data on federal buyers and sellers Reuse existing technology

Where Are We Now? Business process rules and data standards issued on 10/4/02 Initial BPN registration completed for all 24 major agencies and many small agencies Systems being modified for prototype testing to start in Spring 03 Prototype testing team assembled and meeting on regular schedule

Who Is Involved? BPN Registration Partners DLA-CCR Program Office Integrated Acquisition Initiative Prototype Partners GSA-PBS, GSA-FTS, DOI-NBC, DOC-PTO, NSF Treasury-IPAC Team Integrated Acquisition Initiative DON-NECO Program Office

What Will Happen Next? Test concept with operational capability Live mode on Oct 1, 2003, for certain agencies and successfully tested transactions Continue to test in the prototype lab to expand number of agencies and types of transactions

Who Will Answer My Questions? or