The federal government is looking to break the stranglehold one company has on the use of — numbers.
Uncle Sam is currently spending millions of dollars on a contract with Dun & Bradstreet, which runs a database that assigns numbers to other contractors. The growing cost of that program was documented last week in a letter from the Government Accountability Office to Sen. Ben Nelson, D-Neb. The office found the government is now spending roughly $19 million a year on the system that cost just $1 million annually one decade ago.
What’s the point of this system? The government handles more than $1 trillion a year in contracts and grants. Washington needs to assign a unique number to each one of them, to track all the businesses and other entities it deals with. For more than three decades, it has turned to one company — Dun & Bradstreet — for its numbering needs.Continue reading on www.foxnews.com