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Wednesday, June 28, 2006

INPUT to Testify Before Congress on Financial Management Line of Business: Financial News - Yahoo! Finance

"INPUT, the authority on government business, has been invited to testify before the House Government Reform Subcommittee on Government Management, Finance, and Accountability, at an oversight hearing on the Office of Management and Budget's (OMB) Financial Management Line of Business initiative (FMLoB). James Krouse, acting director, public sector market analysis at INPUT, will address the subcommittee on the issue of competitive sourcing as it pertains to the FMLoB.

"Since the introduction of the LoBs and the creation of the centers of excellence, the changing roles of vendors acting as either competitors or as partners with federal agencies has been difficult to comprehend," stated Krouse. "To date, we have seen minimal guidance from OMB as to how competitive sourcing will work in this changed environment. Hopefully congressional involvement will lead to some clarity and possibly the creation of more realistic guidelines and processes."

In light of OMB's recently released Draft Migration Planning Guidance for the FMLoB, the subcommittee asked Krouse to offer his views on the draft, with specific regard to the use of OMB Circular A-76 as part of the initiative, the use of OMB's Exhibit 300 as a mechanism for conducting analysis, and the general clarity of the draft guidance."

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