As Virginia Works To Become More Efficient, Will Contracting Opportunities Follow?
Deltek Principal Analyst Brian Coyle reports.
With numerous states facing a deepening budget crisis like none seen in the past few decades, several governors are facing a long, upward battle to achieve fiscal health, and are worried that their states may not achieve pre-recession revenue levels for the foreseeable future. As a result, many governors are taking proactive measures to streamline and downsize government, while aiming to make their states more efficient.
One state which has been doing a great job in terms of improving efficiency is Virginia. Immediately after taking office, Governor Bob McDonnell went on the offensive to improve Virginia’s efficiency, and established the Commission on Government Reform and Restructuring which developed strategies to cut state spending by 2 percent, or roughly $100 million. Overall, the commission made 133 recommendations to reform government, while reducing costs and improving delivery of services, and plans to make further recommendations moving forward.
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