Poor requirements or a willingness to change requirements on the fly continues to waste taxpayers' money in IT projects. Surety bonds are used to guaranty performance of federal construction projects and should be used for IT projects. Although it is seen as a way to hold the contractor accountable, it can and should be used to hold the buyer accountable. Senior officials should require bonds and use them as a method to transfer risk of over-spending and constantly changing requirements.
Idea No. 55