Located within the Department of the Interior, the Interior Business Center is a federal shared services provider that offers business solutions to create efficiencies and economies of scale. For more than 30 years, IBC has supported Interior offices and bureaus and other federal agencies by providing business solutions that allow these organizations to focus on their core missions.
A government workforce of dedicated professionals with extensive knowledge of federal business practices, along with the ability to leverage government and commercial best practices, allows IBC to serve a customer base of more than 150 government offices and agencies.
Having earned the distinction of becoming one of the few Office of Management and Budget designated shared service providers in the federal government, IBC is committed to providing leading edge efficient and cost effective business services to our customers.
Utilizing a shared service provider allows an organization to focus on their core mission, while securing business support functions through a separate entity.
At IBC we capitalize on the economy of skill provided by a dedicated workforce of professionals spanning three major lines of business to provide your organization with accurate, courteous and timely service. Coupled with the economy of scale gained by providing expert services to an extensive and diverse customer base, IBC helps agencies maximize cost efficiency and staff utilization.
Under the Office of Personnel Management’s and Office of Management and Budget’s ePayroll and Human Resources Line of Business initiatives, IBC is a designated Human Resources Federal Shared Service Center to federal agencies.
Through a competitive process in 2004, OMB designated IBC as Federal Shared Service Provider in financial management. In 2014, the U.S. Department of the Treasury’s Financial Innovation and Transformation Office, managing partner for the Financial Management Line of Business, recertified IBC, designating our organization as one of the four shared service providers for financial management to provide core accounting and other services to federal agencies.
We are also authorized to provide interagency acquisition services. OMB’s Office of Federal Procurement Policy provides overall direction for government-wide procurement policies, regulations and procedures and to promote economy, efficiency, and effectiveness in acquisition processes.
IBC delivers services to customer agencies through two intragovernmental revolving funds, the Working Capital Fund and the Interior Franchise Fund.
Congress established revolving funds as a “business type” of fund to allow federal agencies to finance a cycle of operations through amounts received by the fund.
IBC is authorized to use revolving funds to support the business management services it provides.
IBC’s statutory authority for providing cross agency support services is through the Department of the Interior's Working Capital Fund, which was established pursuant to 43 USC 1467 and the Interior Franchise Fund (IFF) pursuant to Pub. L. No. 104-208 and the 2008 Omnibus Appropriation bill.