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Thursday, January 29, 2015

Franchot says procurement process is broken and needs fixing

At the Board of Public Works, Comptroller Peter Franchot has frequently complained about Maryland’s contracting process. At his swearing-in Monday, he made fixing the procurement process a priority he and Gov. Larry Hogan can accomplish without new legislation.

Hogan will chair his first Board of Public Works meeting Wednesday flanked by Franchot and State Treasurer Nancy Kopp.

Here is an excerpt from Franchot’s speech.

By Peter Franchot

We must make drastic improvements to the manner in which we obtain goods and services as a state. This cuts to the heart of what I do as your independent fiscal watchdog – ensuring that we’re getting the best possible deal for your hard-earned tax dollars.

As Comptroller, I’ve voted on approximately 15,000 contracts worth $80 billion on the Board of Public Works. And I can tell you – our procurement process is broken.

- See more at: http://marylandreporter.com/2015/01/27/franchot-says-procurement-process-is-broken-and-needs-fixing/#sthash.iNpeGwTM.dpuf

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