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U.S. Agencies Fail to Meet 1996 Law on Technology Management

U.S. federal agencies are failing to comply with a 15-year-old law aimed at improving the management of computer systems, according to a report from the Government Accountability Office.

The agencies, which spend $80 billion annually on technology, lack leadership from their chief information officers to meet requirements on the acquisition and use of technology that were set under the 1996 Clinger-Cohen Act, according to the GAO report released today.

“Just over half of the CIOs reported directly to the head of their respective agencies, which is required by law,” according to the report. The GAO polled 30 CIOs for the report.

The Office of Management and Budget, led by federal Chief Information Officer Steven VanRoekel, sets priorities for agencies’ technology use. The budget office “has not established measures of accountability to ensure that responsibilities are fully implemented,” according to the GAO report.

“CIOs do face limitations in exercising their influence in certain IT management areas,” according to the report. “Specifically, CIOs do not always have sufficient control over IT investments, and they often have limited influence over the IT workforce, such as in hiring and firing decisions and the performance of component-level CIOs.”

The budget office in August gave federal CIOs more authority to review investments in hardware and software, eliminate redundant programs, hire managers to oversee projects and implement security programs. The agency didn’t immediately respond to a request for comment on the GAO report.

To contact the reporter on this story: Juliann Francis in Washington at jfrancis31@bloomberg.net

To contact the editor responsible for this story: Michael Shepard at mshepard7@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

Personal Finance Best Sellers From Amazon

Key Rates

  • Mortgage
  • Home Equity
  • Savings
  • Auto
  • Credit Cards
Today’s national average mortgage rates. Rates may include points.
Type Today 1 Mo
30 Year Fixed Jumbo 4.00% 3.94%
30 Year Fixed 3.73% 3.50%
15 Year Fixed 2.85% 2.74%
10 Year Fixed 2.92% 3.00%
30 Year Fixed Refi 3.72% 3.49%
15 Year Fixed Refi 2.85% 2.71%
5/1 ARM 2.60% 2.62%
5/1 ARM Refi 2.61% 2.57%
View rates in your area »

Source: Bankrate.com

Today’s average home equity rates nationwide.
Type Today 1 Mo
$30K HELOC 5.35% 5.24%
$50K HELOC 4.56% 4.53%
$75K HELOC 4.57% 4.53%
$100K HELOC 4.27% 4.21%
$30K Home Equity Loan 5.95% 6.06%
$50K Home Equity Loan 5.97% 6.02%
$75K Home Equity Loan 5.94% 5.99%
$100K Home Equity Loan 5.80% 5.84%
View rates in your area »

Source: Bankrate.com

Today’s average savings rates nationwide.
Type Today 1 Mo
5 Year CD 1.23% 1.21%
2 Year CD 0.70% 0.66%
1 Year CD 0.57% 0.52%
MMA $10K+ 0.47% 0.50%
MMA $50K+ 0.69% 0.70%
MMA Savings Jumbo 0.58% 0.60%
View rates in your area »

Source: Bankrate.com

Today’s average auto loan rates nationwide.
Type Today 1 Mo
60 Months Used Car 2.97% 3.19%
48 Months Used Car 2.92% 3.13%
36 Months Used Car 2.88% 2.96%
72 Months New Car 2.45% 2.96%
60 Months New Car 2.53% 2.67%
48 Months New Car 2.44% 2.58%
60 Months Auto Refi 4.15% 4.36%
36 Months Auto Refi 3.60% 3.76%
View rates in your area »

Source: Bankrate.com

Today’s average credit card rates nationwide.
Type Today 1 Mo
Standard Variable 14.12% 14.12%
Standard Fixed 13.23% 13.23%
Gold Variable 12.70% 12.70%
Gold Fixed 11.99% 11.99%
Platinum Variable 15.53% 15.57%
Platinum Fixed 12.70% 12.70%
View rates in your area »

Source: Bankrate.com