GAO: DHS $10.5B Contract Savings Won't Fully Materialize
A federal watchdog found that terminating hundreds of contracts will not yield the Department of Homeland Security’s reported $10.5 billion in savings because much of the spending continues under other agreements.
The Government Accountability Office concluded DHS’s estimate that terminating hundreds of contracts would save $10.5 billion is overstated. The GAO found that much of the spending slated for termination persists through other contracts, meaning the projected savings likely will not fully materialize. The report highlights concerns about how DHS calculated the expected cost reductions.