U.S. Department of Homeland Security (DHS) Chief Procurement Officer Soraya Correa said DHS’s Procurement Innovation Lab (PIL) is working on creating a more efficient way to close out small-dollar contracts that tend to linger after the work ha been competed. Correa said smaller contracts are often de-prioritized and forgotten about, with a backlog of some 350,000 contracts. The PIL developed quicker procedures to close out the contracts in a simplified manner. “I’m talking about contracts that are typically small dollar value, generally firm fixed price, no activity over the last 12-to-24 months, final goods and services have been delivered so we know they are probably ready for close out,” Correa said in an interview with Federal News Radio. “What we are doing is a streamlined approach trying to close them in one fell swoop.”
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