Program Seeks Cost-saving Ideas from Federal Workforce
WASHINGTON, July 13, 2012 – To achieve additional cost savings and improve operations throughout the government, the White House this week launched the fourth annual SAVE Award competition.
In 2009, President Barack Obama established the Securing Americans Value and Efficiency Award program to seek cost-cutting ideas from the federal workforce.
Elizabeth A. McGrath, DOD deputy chief management officer, said the program has become a mainstay in an era of budget uncertainty.
“The SAVE Award is particularly relevant in austere times,” McGrath said. “In the face of fiscal constraints, the department must continue to seek innovative ways to save money, eliminate redundancy and optimize our operating environment.”
The SAVE Award program, McGrath added, provides an opportunity for everyone to contribute ideas and make a difference.
Participants can submit and vote on ideas via the SAVE program website. Judges then narrow the best ideas to a final four and citizens vote online to choose the winner who will travel to Washington to present the idea to the president.
More than 75,000 cost-cutting ideas have been submitted during the past three years.
Scores of the most promising and innovative ideas have been included in the President’s budget, officials said, specifically in the Cuts, Consolidations, and Savings volume.
The SAVE Award competition will run through July 24.