New Audit Announcements
Audit Initiated of FAA’s Award and Oversight of eFAST Procurements
The Federal Aviation Administration’s (FAA) preferred vehicle for small business procurements—known as the Electronic FAA Accelerated and Simplified Tasks (eFAST)—offers a broad range of professional and support services. Since 2010, FAA has awarded over $1.5 billion to small businesses through eFAST. Currently, over 600 small businesses hold agreements under eFAST to provide prime contractor services with a total maximum value of $7.4 billion over 15 years.
As FAA’s chosen mechanism to fulfill the Agency’s small business goals, other Federal agencies can also use eFAST on a limited basis and when in the best interest of the Government. Regardless of whether it originates from FAA or another Federal agency, each eFAST award is administered under FAA’s Acquisition Management System requirements.
Given the considerable taxpayer dollars involved across Federal agencies, we are initiating this audit with the objectives to evaluate FAA’s processes for (1) awarding and (2) overseeing eFAST procurements.