Treasury’s SAVE Program Is Here: What Small Contractors Need to Know Now

The Treasury Department and GSA just rolled out a bold new initiative aimed at cutting contract waste: the Savings Award for Verified Efficiencies (SAVE) Program. This is more than just another performance metric. SAVE puts cash on the table for federal employees who recommend legitimate contract cancellations or descoping actions. If their idea sticks, they can earn up to $10,000 per contract action. For contractors, especially small businesses, this initiative introduces both risk and opportunity.