Former Pentagon Official Wants to End Use-it-or-Lose-it Spend Policy

July 22, 2013

Former Pentagon policy chief Michele Flournoy says the Pentagon should instill a more cost-conscious culture by taking away the incentive for program managers to hurry up and spend at end of the fiscal year.

“Today's system essentially penalizes anyone who does not spend every last dime of their budget by the end of the fiscal year,” Flournoy told attendees at the National Contract Management Association conference here on Monday.

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