Federal Information Technology Work Force and Acquisition Improvement Act of 2002

[AI summary unavailable — showing source text] Federal Information Technology Workforce and Acquisition Improvement Act of 2002 - Amends the Clinger-Cohen Act of 1996 to extend until January 1, 2008, the authority to issue solicitations for purchases of commercial items in excess of the simplified acquisition threshold pursuant to the special simplified procedures. Establishes an information technology exchange program between the Government and the private sector. Provides for one-year assignments of executive agency information technology management employees to private sector organizations, and of private sector information technology management employees to executive agencies. Sets forth administrative provisions governing such assignments, including pay, creditable service, life and health insurance coverage, reimbursement, liability, and Federal employee status. Requires the Federal Acquisition Regulation to be amended to permit the use of telecommuting by employees of Federal contractors in the performance of contracts with executive agencies.…