The Veterans Affairs Department has announced it will cancel 585 contracts deemed non-mission critical or duplicative, following a review of 2,000 contracts. This decision is projected to save $900 million, approximately half of the contracts' total award value of $1.8 billion. VA assures that these cuts will not adversely affect Veteran care or services but will allow the agency to concentrate better on its core mission. Additionally, the Social Security Administration announced contract cuts to achieve $150 million in savings, further contributing to cost reductions in various sectors.
The termination of these contracts will not negatively affect Veteran care, benefits or services, and will help VA better focus on its core mission.
VA is claiming the cancellations will save $900 million, or about half of the total $1.8 billion in award value of the contracts.
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