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Eliminating Waste and Saving Taxpayer Dollars by Consolidating Procurement

President Donald Trump issued Executive Order 14240 to streamline federal procurement processes by consolidating them under the General Services Administration (GSA). The order mandates that federal agencies submit proposals to transfer procurement of common goods and services to the GSA, aiming to eliminate waste and duplication. The GSA is tasked with creating a comprehensive plan to manage these procurements government-wide, and the Office of Management and Budget (OMB) will designate the GSA as the executive agent for government-wide IT acquisition contracts. This action is intended to enhance efficiency and save taxpayer dollars by centralizing procurement functions.