The White House on Monday announced it is accepting submissions for the annual Presidential Saving Americans Value and Efficiency Award, which recognizes cost-cutting ideas from rank-and-file federal workers.

Participants will have a short window to enter concepts for the contest; the deadline is Friday.

(White House photo) (White House photo)

President Obama, who launched the program in 2009, has included more than 80 SAVE ideas in his last four budgets, according to a statement from the administration. During that time, federal employees have submitted about 85,000 concepts, the statement said.

Last year’s winner was Frederick Winter, a Department of Education employee from Arlington who proposed that all federal workers receiving public transit benefits from their agencies should shift to reduced senior fares as soon as they are eligible.

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