The Interior Department's National Business Center is preparing up to four proposals to compete to provide financial management services for agencies as a center of excellence under the Lines of Business Consolidation Initiative.
The NBC, Interior's fee-for-service business provider, hopes to add some of those proposals as customers, said NBC director Doug Bourgeois. The center was a financial management shared-services provider before the Office of Management and Budget introduced the current Lines of Business initiative. In fact, financial management accounts for 25 percent of NBC business, Bourgeois said.
"The challenge is to create a business model for financial management services that is on par with the private sector while complying with federal regulations," Bourgeois said yesterday at an industry event sponsored by market research firm Input Inc. of Reston, Va.