GAO: Performance-Based Contracts Are the Way to Go
Performance-based contracting received a boost this month when the Government Accountability Office found that the U.S. Department of Transportation is making progress in moving toward a national performance-based approach, reports Forbes.
In Moving Ahead for Progress in the 21st Century (MAP-21), the DOT recognized the importance of a more progressive approach in the way federal agencies and states do business with each other, with planning organizations and with private vendors.
Accordinng to the Forbes report, in the fiscal year 2013, DOT provided about $50 billion to states and other “grantees” — such as metropolitan planning organizations and transit agencies — to support highway and transit infrastructure and safety.