Keep in mind the above link is to an article that is supposed to be super-supportive of 18F.
Keep in mind the above link is to an article that is supposed to be super-supportive of 18F.
a descendant of G. Soros?
“18F’s cumulative net loss from its launch in fiscal 2014 through the third quarter of fiscal 2016 is $31.66 million. We found that 18F’s plan to achieve full cost recovery has been unsuccessful because of inaccurate financial projections, increased staffing levels and the amount of staff time spent on non-billable activities,” the IG stated in its report issued Oct. 24. “18F managers have repeatedly overestimated revenue and, with the support of the administrator’s office, hired more staff than revenue could support. In addition, 18F staff spent over half of their time on non-billable projects. 18F managers have recently revised their projected breakeven date from 2019 to 2020.”