Office Of Federal Procurement Policy
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Office Of Federal Procurement Policy
The Office of Federal Procurement Policy (OFPP) is a component of the United States Office of Management and Budget (OMB), which is part of the Executive Office of the President of the United States (EOP). OFPP provides overall direction for government-wide procurement procedures and "to promote economy, efficiency, and effectiveness in acquisition processes." OFPP is headed by an Administrator who is appointed by the President and confirmed by the Senate. In February 2018, President Donald Trump nominated Michael E. Wooten to be the next Administrator. Dr. Wooten was confirmed on August 1, 2019. OFPP has encouraged agencies to make purchases jointly, for efficiency reason.Paul Dennett. Improving the Management and Use of Interagency Acquisitions', June 2008. OFPP. History OFPP was established by law in 1974 to guide federal-government-wide procurement policies, regulations and procedures.
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Office Of Management And Budget
The Office of Management and Budget (OMB) is the largest office within the Executive Office of the President of the United States (EOP). The office's most prominent function is to produce the president's budget, while it also examines agency programs, policies, and procedures to see whether they comply with the president's policies and coordinates inter-agency policy initiatives. Russell Vought is the current director of the OMB since February 2025. History The Bureau of the Budget, OMB's predecessor, was established in 1921 as a part of the United States Department of the Treasury, Department of the Treasury by the Budget and Accounting Act of 1921, which President Warren G. Harding signed into law. The Bureau of the Budget was moved to the Executive Office of the President of the United States, Executive Office of the President in 1939 and was run by Harold D. Smith during the government's rapid expansion of spending during World War II. James L. Sundquist, a staffer at the B ...
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New Executive Office Building
The New Executive Office Building (NEOB) is a U.S. federal government office building in Washington, D.C., for the executive branch. The building is located at 725 17th Street NW, on the north side of Pennsylvania Avenue. To the south is the Eisenhower Executive Office Building (EEOB), which is next to the White House―the EEOB before 1999 was known as the Old Executive Office Building. The other sides are bounded by 17th Street NW (west), H Street NW (north), and Jackson Place and Lafayette Park (east). Within the same block are several buildings: Blair House, Trowbridge House, and Renwick Gallery in the south and the National Grange Headquarters and the Decatur House to the north. Known as Federal Office Building #7, it was built from 1965 to 1969 and is ten stories tall, double the height of the EEOB. According to Michael J. Bednar of the University of Virginia School of Architecture, "Four taller office buildings dating to earlier in the 20th century were demoli ...
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United States Office Of Management And Budget
The Office of Management and Budget (OMB) is the largest office within the Executive Office of the President of the United States (EOP). The office's most prominent function is to produce the president's budget, while it also examines agency programs, policies, and procedures to see whether they comply with the president's policies and coordinates inter-agency policy initiatives. Russell Vought is the current director of the OMB since February 2025. History The Bureau of the Budget, OMB's predecessor, was established in 1921 as a part of the United States Department of the Treasury, Department of the Treasury by the Budget and Accounting Act of 1921, which President Warren G. Harding signed into law. The Bureau of the Budget was moved to the Executive Office of the President of the United States, Executive Office of the President in 1939 and was run by Harold D. Smith during the government's rapid expansion of spending during World War II. James L. Sundquist, a staffer at the B ...
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Executive Office Of The President Of The United States
The Executive Office of the President of the United States (EOP) comprises the offices and agencies that support the work of the president at the center of the executive branch of the United States federal government. The office consists of several offices and agencies, such as the White House Office (the staff working closest with the president, including West Wing staff), the National Security Council, Homeland Security Council, Office of Management and Budget, Council of Economic Advisers, and others. The Eisenhower Executive Office Building houses most staff. The office is also referred to as a "permanent government", since many policy programs, and the people who are charged with implementing them, continue between presidential administrations. The civil servants who work in the Executive Office of the President are regarded as nonpartisan and politically neutral, so they are capable of providing objective and impartial advice. With the increase in technologi ...
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Donald Trump
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party (United States), Republican Party, he served as the 45th president from 2017 to 2021. Born into a wealthy family in the New York City borough of Queens, Trump graduated from the University of Pennsylvania in 1968 with a bachelor's degree in economics. He became the president of his family's real estate business in 1971, renamed it the Trump Organization, and began acquiring and building skyscrapers, hotels, casinos, and golf courses. He launched side ventures, many licensing the Trump name, and filed for six business bankruptcies in the 1990s and 2000s. From 2004 to 2015, he hosted the reality television show ''The Apprentice (American TV series), The Apprentice'', bolstering his fame as a billionaire. Presenting himself as a political outsider, Trump won the 2016 United States presidential e ...
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Government Procurement
Government procurement or public procurement is the purchase of goods, works (construction) or services by the state, such as by a government agency or a state-owned enterprise. In 2019, public procurement accounted for approximately 12% of GDP in OECD countries. In 2021 the World Bank Group estimated that public procurement made up about 15% of global GDP. Therefore, government procurement accounts for a substantial part of the global economy. Public procurement is based on the idea that governments should direct their society while giving the private sector the freedom to decide the best practices to produce the desired goods and services. One benefit of public procurement is its ability to cultivate innovation and economic growth. The public sector picks the most capable nonprofit or for-profit organizations available to issue the desired good or service to the taxpayers. This produces competition within the private sector to gain these contracts that then reward the organizat ...
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Federal Acquisition Regulation
The Federal Acquisition Regulation (FAR) is the principal set of rules regarding Government procurement in the United States. The document describes the procedures executive branch agencies use for acquiring products and services. FAR is part of the Federal Acquisition System, which seeks to obtain the best value for agencies, minimize administrative costs and time required for acquisition, and promote fair competition for the suppliers of the products and services. The FAR is issued by the FAR Council, a body composed of the Secretary of Defense, the GSA Administrator, and the NASA Administrator. This council meets quarterly or more frequently as needed, and the FAR may be updated multiple times per year. The earliest regulation of US government procurement dates 1792. Much of the FAR used today dates to 1984. It is codified at Chapter 1 of Title 48 of the Code of Federal Regulations, . Purpose The purpose of the FAR is "to deliver on a timely basis the best value produ ...
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Federal Procurement Data System
The Federal Procurement Data System (FPDS) is a single source for US government-wide procurement data. The Federal Procurement Data Center (FPDC), part of the U.S. General Services Administration, manages the Federal Procurement Data System (FPDS), which is operated and maintained by IBM. The FPDS-NG is the current central repository of information on Federal contracting. The system contains detailed information on contract actions over $3,000 ( FY2004 and later data). The Executive departments and agencies award over $200 billion annually for goods and services. The system can identify who bought what, from whom, for how much, when and where. Issues *Subsidiaries and predecessor companies of large corporations are oftentimes listed in the database as small businesses. *Data are under constant review and revision. For example, during FY2008, over $100 billion worth of entries was modified. *Contracts to large companies have been misidentified as contracts to small businesses. Fur ...
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Government Procurement In The United States
In the United States, the processes of government procurement enable Federal Government of the United States, federal, State governments of the United States, state and local government bodies in the country to acquire goods, services (including construction), and interests in Real estate, real property. Contracting with the federal government or with state and local public bodies enables interested businesses to become suppliers in these markets. In fiscal year#United States, fiscal year 2019, the Federal government of the United States, US Federal Government spent $597bn on contracts.Bloomberg GovernmentBGOV200: Federal Industry Leaders 2019 accessed 9 July 2020 The market for state, local, and education in the United States, education (SLED) contracts is thought to be worth $1.5 trillion. Supplies are purchased from both domestic and overseas suppliers. Contracts for federal government procurement usually involve Appropriation (law), appropriated funds spent on supplies, service ...
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Top 100 Contractors Of The U
Top most commonly refers to: * Top, a basic term of orientation, distinguished from bottom, front, back, and sides * Spinning top, a ubiquitous traditional toy * Top (clothing), clothing designed to be worn over the torso * Mountain top, a mountain peak located at some distance from the nearest point of higher elevation Top may also refer to: Geography * Top, any subsidiary summit of a munro * Proper names of geographical features: ** Top River, tributary of the Olt, in Romania ** Top, Oghuz, a village in Azerbaijan ** Top, Zangilan, a village near Zangilan, Azerbaijan People * Top (surname) * Noordin Mohammad Top (1968–2009), a Malaysian/Indonesian Muslim extremist * United States military jargon for specific non-commissioned-officer ranks: ** First sergeant, Army ** Master sergeant, Marine Corps * Jargon for roles in human-sexuality: ** Top, or dominant, role in BDSM practices ** One in a triad of sexual postural preferences, specifically Top, bottom and versatile ...
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Sustainable Procurement
Sustainable procurement or green procurement is a process whereby organizations meet their needs for goods, services, works and utilities in a way that achieves value for money on a life-cycle basis while addressing equity principles for sustainable development, therefore benefiting societies and the environment across time and geographies. Procurement is often conducted via a tendering or competitive bidding process. The process is used to ensure the buyer receives goods, services or works for the best possible price, when aspects such as quality, quantity, time, and location are compared. Procurement is considered sustainable when organizations broadens this framework by meeting their needs for goods, services, works, and utilities in a way that achieves value for money and promotes positive outcomes not only for the organization itself but for the economy, environment, and society. Sustainable procurement is a spending and investment process typically associated with public ...
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