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from the article >>> "In other words, the agency of the government in charge of bulk buying isn’t paid for saving money, but for spending too much of it. The IF
by thorwasdfasdf 7y ago
from the article >>> "In other words, the agency of the government in charge of bulk buying isn’t paid for saving money, but for spending too much of it. The IFF also incentivizes the GSA to get the government to outsource to contractors anything it can, simply to get more budget. The IFF has been creating problems like the McKinsey over-payment for a long time."
- hef19898 7y agoAnd yet there are people refusing to accept that fact, I met one of them. And that guy also failed to realize what an immense cash flow advantage government has against private sector companies. Government wants to spend money as soon as possible. That alone is a huge lever in procuring hardware. Not sure why they don't use it.