IRS procurement shop develops web app to predict contract spending

Published: June 9, 2021, 12:29 p.m.

The IRS, among other things, obligates $2.5 billion a year in contract spending. Strangely, one of the most common yet important questions in the contracting process is really hard to answer: When will a contract actually be signed by a contracting officer? Now the IRS procurement shop has developed a web app that produces a prediction. For how they did it and why it matters, Federal Drive with Tom Temin turned to the Director of Analytics Research and Technology in the Chief Procurement Office, Alicia Miller.\nLearn more about your ad choices. Visit podcastchoices.com/adchoices