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IG: 18F has three months to make $56M
Federal Times: The flagship team for the General Services Administration’s new Technology Transformation Service — 18F, a digital consultancy that helps other agencies with innovative projects — is more than $31 million in the hole and has less than three months to make $56 million to meet its 2016 revenue projections.
18F was designed to be cost neutral, with the team recouping its costs by billing the agencies it works with. However, in an Oct. 24 report, GSA’s inspector general revealed that the team was only invoicing about half of its hours and, without a plan in place, is moving toward insolvency.
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