Treasury Partners with GSA to Launch SAVE Program with Strengthened Oversight Role

WASHINGTON- The U.S. Department of the Treasury in partnership with the U.S. General Services Administration (GSA), today announced the launch of the Savings Award for Verified Efficiencies (SAVE) Program. This joint initiative empowers federal employees to identify and eliminate wasteful spending in federal contracts, delivering measurable savings for taxpayers while maintaining mission readiness. Under GSA’s leadership, successful elements of the Treasury program may be expanded government-wide.“Through this strengthened partnership, Treasury and GSA are setting a new standard for responsible stewardship of public funds”, said Treasury Secretary Scott Bessent. “Together, we are building a cost-saving model that can be scaled across government.