Office of Managment and Budget

What Office of Managment and Budget does

The Office of Management and Budget (OMB) is a U.S. federal government agency within the Executive Office of the President, established by the Budget and Accounting Act of 1970 and consolidating the former Bureau of the Budget (1921) with added management functions. Its statutory role is to develop and execute the federal budget, oversee agency performance, coordinate regulatory reform, and direct federal administrative management across all executive branch departments. OMB does not sell commercial products, maintain a pricing model, or generate revenue in the private-sector sense; it is funded through annual congressional appropriations and operates under presidential authority.

OMB's core functional focus is federal acquisition consolidation and IT procurement oversight. It partners with the General Services Administration (GSA) on the Quality Service Management Office (QSMO) initiative, which is working to collapse 229 fragmented federal acquisition systems into a single unified platform. It also collaborates with the federal Chief Information Officer to review IT contracts and empower CIO authority in commodity IT procurement. Quantifiable outcomes to date include the consolidation mandate (229 systems to 1) and an estimated $215 billion in taxpayer savings attributed to DOGE-led efficiency reforms that OMB centrally coordinates.

OMB serves a single customer segment — U.S. federal executive branch agencies — and distributes its outputs through executive orders, Federal Register publications, policy guidance, and direct agency coordination. It maintains a strategic partnership with the Council of the Inspectors General on Integrity and Efficiency (CIGIE) for oversight continuity. The agency is headquartered in Washington, D.C., and reports under the Executive Office of the President, with no private shareholders, external investors, or traditional ownership structure.

Name

Office of Managment and Budget

Legal name

Office of Management and Budget

Website

https://whitehouse.gov

Company type

Public

Founded year

1970

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

The Office of Management and Budget is a U.S. federal agency within the Executive Office of the President that develops and executes the federal budget, oversees agency performance, and coordinates federal acquisition and IT policy across all executive branch departments.

Ownership category

akta.pro rank

Product category

Federal Budget Management

NAICS

Executive Offices (92111), Executive, Legislative, and Other General Government Support (9211), Administration of Economic Programs (9261), Administration of General Economic Programs (92611)

SIC

Services-Management Services (8741)

akta.pro primary industry

Central Government Policy, Strategy & Performance (incl. OMB-style functions) (BPAIAAAB)

akta.pro secondary industries

Executive Office / Cabinet Secretariat (BPAIAAAA), Budgeting & Fiscal Planning (BPAIAEAA), Public Sector & Government ERP (HDAEAEAG)

Keywords

• Federal budget management
• Government procurement oversight
• Agency performance oversight
• Fiscal policy coordination
• Executive branch administration

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Others

Distribution channels1 record

Marketing channels1 record

Core offering

The Office of Management and Budget (OMB) is a U.S. federal government agency within the Executive Office of the President that oversees the development and implementation of the federal budget and evaluates the performance of federal agencies. It coordinates federal acquisition policy, oversees IT procurement across government, and provides administrative direction to executive branch agencies. OMB operates through congressional appropriations and does not offer commercial products or services.

Product overview

The Office of Management and Budget (OMB) is a U.S. federal government agency within the Executive Office of the President. It does not offer commercial products or services in the traditional sense. OMB's functions include budget management, federal acquisition oversight, and IT policy coordination. No product portfolio, commercial offerings, or named product modules were identified in the source data.

Differentiator

Problem solved

Functional benefit

Products and services

• Federal Budget Development and Implementation OMB oversees the development of the President's budget proposal and implements budgetary policy across federal executive branch agencies, providing centralized fiscal coordination and oversight for the U.S. government.

Quantifiable outcome

• Reduction from 229 to 1 federal acquisition system

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• General Services Administration (GSA)coreStrategic or Co-development PartnerOMB and GSA are collaborating on the Quality Service Management Office (QSMO) initiative to consolidate 229 federal acquisition systems into a single standardized system, providing federal agencies with unified acquisition tools and support.
• Council of the Inspectors General on Integrity and Efficiency (CIGIE)coreStrategic or Co-development PartnerOMB restored funding to CIGIE after previously blocking it, ensuring the continuation of oversight activities during fiscal 2026 government funding period, allowing CIGIE to resume operations including training and maintaining whistleblower hotlines.
• Federal Chief Information OfficercoreStrategic or Co-development PartnerOMB is working with the federal chief information officer to review IT contracts across the U.S. government, focusing on commodity IT and empowering CIOs in procurement processes to reduce government spending.

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Government Accountability Office (GAO): Congressional watchdog that audits federal programs, agency performance, and federal spending — highly comparable oversight and fiscal-review mandate to OMB's executive-branch budget and performance role.
• Congressional Budget Office (CBO): Provides nonpartisan budget analysis and economic projections for Congress, making it the closest peer to OMB on federal fiscal planning and budget scoring functions.
• Office of Personnel Management (OPM): Federal agency that manages government-wide human capital, policy, and operations — a peer in the small set of central management and oversight offices across the federal enterprise.
• General Services Administration (GSA): OMB's core strategic partner on the QSMO acquisition consolidation; GSA operates the federal procurement and real estate backbone, making it the most direct operational counterpart to OMB's procurement-reform agenda.
• Council of Economic Advisers (CEA): Sibling EOP office providing economic policy advice to the President; highly comparable as a small, White House-anchored advisory body with cross-government influence on economic and fiscal decisions.
• Office of Science and Technology Policy (OSTP): EOP component that coordinates science and technology policy across federal agencies — structurally identical role to OMB but in the S&T domain, making it a direct peer within the same institutional chassis.
• Office of the National Cyber Director (ONCD): Another EOP component coordinating cybersecurity policy across the federal government — directly comparable institutional model to OMB's cross-agency coordination mandate.

Broad incumbents

• U.S. Department of the Treasury: Larger, established federal entity responsible for fiscal policy, debt management, and federal finances; overlaps with OMB on budget execution, fiscal planning, and economic policy coordination.
• Office of Management and Budget - historical/policy literature equivalents (e.g., UK HM Treasury): HM Treasury performs the closest international analogue to OMB — central budget authority, fiscal planning, and performance oversight — making it a broad cross-jurisdictional peer for capability comparison.

Emerging players

• National Academy of Public Administration (NAPA): Independent nonprofit that advises on federal management, performance, and organizational reform — closely aligned with OMB's management-improvement mission and a potential peer for consulting and advisory perspective.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Office of Managment and Budget