US Gov. Launches Web Site To Track IT Spending

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."