The Buzz with ACT-IAC
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The Buzz with ACT-IAC
Demystifying Procurement: A Crash Course in Modern Acquisitions with Lesley Field
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For those outside of the acquisitions community, the practices, policies and processes of federal procurement can seem quite impenetrable. But given that the US Government spent more than $665 billion on contracts in 2020, it is not a subject to be ignored.
To that end, The Buzz with ACT-IAC presents: Demystifying Procurement - a series designed to take you through the ins and outs of this complex, but vital, topic.
In this episode, host Colin Larsen interviews Lesley Field, Acting Administrator for Federal Procurement Policy at OMB, where she guides the office to provide government-wide direction to promote economy, efficiency, and effectiveness in acquisition processes.
Lesley takes us on a crash course through the procurement process and talks about ways the government is trying to modernize and streamline the process to make delivery of services more efficient.
Demystifying Procurement Series:
Episode 1 - A Brief History of Government Contracting with Jim Nagle
Resources:
OMB M-22-03
OFPP "Mythbusting" Memo 3
Periodic Table of Acquisition Innovation
Small Business Alliance | ACT-IAC
ACT-IAC Gives Back: Wreaths Across America 2026 | ACT-IAC
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Intro/Outro Music: See a Brighter Day/Gloria Tells
Courtesy of Epidemic Sound
(Episodes 1-159: Intro/Outro Music: Focal Point/Young Community
Courtesy of Epidemic Sound)