1. Office of Management & Budget Office of Federal Procurement Policy Breaking News May 2011

2. OFPP Priorities Strengthening the Acquisition Workforce Fiscal Responsibility Balancing the Relationship between Contractors and Federal employees Cross-Cutting Initiatives Small Businesses Transparency & Data Quality Improving IT Acquisition

3. OFPP Priorities Strengthening the Acquisition Workforce –Agency Acquisition Human Capital Plans –Resource requests in the President’s FY2011 and FY2012 Budget –OFPP Front Line Forum –COR/COTR added to the FAR –Updating certification policies

4. OFPP Priorities Fiscal Responsibility: Acquisition Savings and Reducing High Risk Contracts –Enhancing Competition –Enhancing Strategic Consideration of Contract Type –Use of Strategic Sourcing –Contractor Performance - Meeting Cost, Schedule, and Performance Goals (Management of Major Contracts - Earned Value Management Systems and Project Management) –Contractor Integrity

5. OFPP Priorities Balancing the Relationship between Contractors and Federal Employees - Managing the Multi-Sector Workforce Cross cutting initiatives –Contracting with Small Businesses –Transparency and Data Quality –Improving IT Acquisition