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  US Gov. Launches Web Site To Track IT Spending

  Posted: July 1st, 2009, 2:03pm CEST by kdawson

  Tags:  government  

  andy1307 writes "Vivek Kundra, the federal chief information officer, announced on Tuesday a new Web site designed to track more than $70 billion in government IT spending, showing all contracts held by major firms within every agency. The (Flash-heavy) site, USAspending.gov, shows detailed information about whether IT contracts are being monitored and budgets being met. The data also show which contracts were won through a competitive process or in a no-bid method (the latter approach is criticized by good-government advocates for excluding firms from business opportunities). Each prime contractor is listed as well as the status of that project; sub-contractors are not yet shown."

  Read more of this story at Slashdot.