Official Says Vendors Will Have To Abide by New IT Spending Schema Too

NextGov: As the whole of government moves to adopt an analysis and accounting structure that can map technology investments to business outcomes, federal officials expect the contracting community to come along for the ride.

Included in the President’s Management Agenda is a mandate for agencies by 2022 to implement the Technology Business Management schema—an industry standard for categorizing and tracking IT costs across an enterprise. The aim is to tie IT decisions on spending and operations directly to the value to the government and taxpayer.

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