Waste Not, Want Not: OMB Memorandum Promotes Efficient Agency Spending

2016-11-28T15:26:46+00:00 November 28, 2016|
The Office of Management and Budget put out a memorandum that included guidance for federal agencies regarding conference attendance (Credit: Amy/Flickr)

(Click to enlarge) The Office of Management and Budget put out a memorandum that included guidance for federal agencies regarding conference attendance (Credit: Amy/Flickr)

The Office of Management and Budget (OMB) released a memorandum last week titled “Promoting Efficient Spending to Support Agency Operations.” The document builds on years-long efforts to save taxpayer dollars by improving agency operations and efficiency. Section Two of the memo focuses on oversight of expenses related to federally-sponsored and-hosted conferences, which “play an important role in the federal government” through improved collaboration and knowledge sharing. Agency guidance listed in the memorandum include ensuring federal funds are used only for “necessary and appropriate purposes,” guaranteeing conference attendance and expenses are pertinent to the agency mission and the conference goal, allowing agencies to pre-approve attendance at known recurring conferences to avoid unnecessarily long and repetitive review processes, designating a specific official within each agency to approve spending for a conference that is over $500,000,  and updating federal agency websites to include a section dedicated to reporting conference expenses.