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Article: Reliability of Federal Procurement Data.
- Article from:
- General Accounting Office Reports & Testimony
- Article date:
- February 1, 2004
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GAO-04-295R December 30, 2003
Reliable information is critical to informed decision making and to oversight of the procurement system. The Federal Procurement Data System (FPDS) has been the federal government's central database of information on federal procurement actions since 1978. Congress and executive branch agencies rely on FPDS to assess the impact that governmentwide acquisition policies and processes are having on the system generally, as well as with respect to specific geographical areas, markets, and socio-economic goals. Yet despite the importance of the data, we continue to find that FPDS data are inaccurate and incomplete. Although we have not ...