Effective Cost Management Strategies Can Support the New Navy Fleet Standard

For the Department of Defense (DoD), continued support for building a larger fleet has led to questions on how to actually raise those numbers. Not only has a new budget been approved to increase financial support, the current administration has called “for the growth in several areas compared to the prior plan.” Most notably:

St. Michael’s Receives Notice of Allowance from USPTO for CrossPoint (TM)

St. Michael’s, Inc. has received a Notice of Allowance (NOA) from the United States Patent and Trademark Office (USPTO) for its CrossPointTM, Success on Target methodology publication.  The USPTO informed St. Michael’s that the NOA applies to both the Account auditing, audit support services and the financial custody services categories.  This allows St. Michael’s to continue using CrossPointTM in its client delivery efforts.

OPM prepares Government Agencies for Reorganization

As we enter Spring 2017, the Office of Personal Management (OPM) is preparing the Federal government for a potential reshaping of the government workforce. Agencies will start receiving new guidelines and updates on possible administrative furloughs. Furloughs are a temporary period of time where leaves of absence are granted under special circumstances.

Improper Payments at an All-Time High

As we enter calendar year 2017, the Federal government will be dealing with new and continuing payments which could be considered improper. An improper payment is any payment that should not have been made or was made in an incorrect amount. This include overpayments, underpayments, payments made to ineligible recipients, or payments that were not properly documented. Improper payments are always an area of concern for the federal government. For the fourth straight year, the Federal government increased the amount of money described as “improper payments” in 2016.

Senate Approves Last-Minute Spending Bill

On Friday December 9th, 2016, the Senate voted on a Spending Bill resulting in a passing 63-36 vote. This vote could have ended in a U.S. government shutdown for the 19th time in U.S. history. Government shutdowns occur as the result of many different scenarios. The Executive Branch may fail to pass funding to government operations and agencies resulting in a “funding gap.” It can also occur if Congress passes a funding bill, sends it to the President, and the President vetoes the bill. The first government shut down occurred in 1976, when President Ford vetoed a funding bill for the U.S.


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