The Board's Contract Solicitation, Selection, and Award Processes for the Contracts We Reviewed Were Generally Effective but Can Be Further Enhanced

We reviewed the effectiveness of the Board's contract solicitation, selection, and award processes. Our review was limited to a nonstatistical sample of certain types of contracts for goods and services totaling about $30 million in 2022–2023. Among other exclusions—for example, governmentwide contracts—we excluded construction contracts because we have ongoing work related to the Board's building renovation projects.

For the 30 sampled contracts we reviewed, the Board generally designed and operated its solicitation, selection, and award processes effectively to help ensure the agency acquires goods and services at the best possible value. However, guidance for using independent government estimates, which can further help ensure that prices are fair and reasonable, was not clear.

Our report does not contain recommendations because, after we presented our draft findings, the Board clarified guidance for independent government estimates.