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That said, not having a full year appropriation does hurt our contracting and our defense industrial base across the board. Back in January of 2024, the White House Office of Federal Procurement Policy put out a memo about expanding this Rule of Two issue for small businesses to access multiple award contracts. What is the Rule of Two?
During that period of emergency mobilization, Abante was focused on tracking the country’s COVID-19 response budget , alongside friends and former colleagues from his experience working in the government, academia, and civil society. We owe it to our broad coalition who fought for this budget, and the many advocates who came before us.
Setting aside that the bid protest system serves a necessary and important oversight function—improving the integrity and quality of government contracting actions—as currently drafted, significant questions remain as to how Section 804 of the House NDAA, which introduces the pilot program, would apply.
The Department of Homeland Security is spending billions on contracts. According to a Deltek report, DHS agencies invested over $1 billion into contract awards in 2023, and by the end of fiscal year 2024, the department’s contract obligations are expected to hit up to $12 billion — over 11 percent of its $103.2 billion budget.
million contract modification to produce and deliver additional high mobility artillery rocket system launchers and provide support services for the U.S. Army Contracting Command-Redstone received one bid for the firm-fixed-price contract modification via the internet and will determine work locations and budget upon issuance of each
Aeyon, a digital transformation and robotic process automation company, has secured a prime contract to provide budget operations support to the U.S. Navy Bureau of Medicine and Surgery’s Budget Division.
For small businesses, breaking into federal contracting can be an uphill battle. Traditional contracts often require businesses to front capital, navigate complex regulations, and compete against larger, well-established companies. But what if there was a way to win federal contracts without needing upfront investment?
In today’s fast-paced and budget-conscious public sector environment, efficient procurement practices are more crucial than ever. Cooperative purchasing lets organizations purchase goods and services through contracts already competitively solicited and awarded by a lead agency. What is Cooperative Purchasing?
Did you know that the first quarter of the federal fiscal year can set the tone for contracting opportunities all year long? This period is crucial for businesses aiming to secure government contracts. Agencies start implementing new budgets, directly influencing contracting opportunities.
In its search for commercial partners, the city needed to promote competition in a concentrated marketplace, learn more about the latest bike share technology and innovations, and provide better and expanded service at the same or lower budget. And it runs at about half the operating costs of the old service. And read the full story here.
The Department of Defenses budget for fiscal year 2024 was $824.3 Thousands or perhaps even hundreds of thousands of companies, from two-person startups to multi-billion dollar enterprises in their own right vied for these contracts, which covered weapon design
Choosing the right government contracting tools can help government contractors make bids, keep track of contract progress, and ensure compliance. These tools demonstrate a contractor’s competence and reliability in meeting project deadlines on budget and on schedule. What are Government Contracting Tools?
For example, according to a report published by the White House Office of Management and Budget (OMB), the 2013 shutdown was estimated to reduce Gross Domestic Product growth by between $2 and $6 billion. ” In addition, the Antideficiency Act also might restrict an agencys ability to obligate new funds under existing contracts.
The Cybersecurity and Infrastructure Security Agency has a budget of $3 billion for fiscal year 2025, $1.7 Hear directly from CISA officials about budget priorities and upcoming contract opportunities at the Potomac Officers Club’s 2024 Homeland Security
Were you aware that in FY 23, a substantial $6.23B, accounting for 8% of total federal contracts, was allocated to Small Business Innovation Research (SBIRs) and Small Business Technology Transfers (STTRs), benefiting 3,230 businesses ? to the SBIR program if their extramural research and development budgets exceed $100M.
Aeyon has received a prime contract to help the U.S. The company said Friday it will assist the Execution Analysis Branch of the Budget Execution Division within the USMC Deputy Commandant for Programs and Resources in addressing audit issues through data quality improvement efforts.
10 years ago, we launched the Open Contracting Partnership from a single desk in snowy Washington DC with the grand ambition to transform public procurement, the world’s largest marketplace. Here are three key things that weve learned: 1) Procurement is powerful Our world runs on public contracts. Procurement is all about people.
He says this is due to tighter state and local budgets. OMNIA Partners , who sponsors this page, offers a robust portfolio of cooperative contracts in the public procurement space. The firm lists a number of cooperative contracts under the keyword “cybersecurity.” What’s more, local governments remain vulnerable.
And while no one would say government purchasing has exactly become simple in the intervening 10 years, category management and best-in-class contracting have done their share of work toward making things better. The increase in the value of best-in-class contracts over the past four years.
By Kevin Plexico, Senior Vice President of Information Solutions at Deltek Government contracting isn’t getting any less challenging in 2024. federal, state and local levels, as well as in Canada, combined with uncertainty about budgets and questions about the upcoming election, there are more questions than answers.
reduction in interest rates has brought renewed attention to how these changes affect the federal budget, government borrowing, and, ultimately, federal contractors. When the Federal Reserve lowers interest rates , it can have a broad ripple effect across the entire economy, and federal spending is no exception. The recent 0.5%
It’s no secret that procurement professionals nationwide are struggling with budgets, bandwidth and staffing shortages. They’ve saved tens of thousands of dollars in their budget and shaved months off their process by partnering with a cooperative. That agility is a strongpoint of cooperative purchasing.”
Office of Management and Budget (OMB) has issued a policy memorandum with a goal of promoting small business participation under multiple-award indefinite delivery/indefinite quantity contracts (MACs).
An ICW investigation in 2021 revealed potential fraud risks in the construction of a faith-based community center in the province of South Sulawesi, with a contract value of about US$1 million (Rp. The only information that could be used for analysis was the contract implementation schedule which ended in December 2020. 19 billion).
When the Office of Federal Procurement Policy launched its Better Contracting Initiative in November 2023, leaders promised this time would be different when it came to developing enterprisewide software licenses. The General Services Administration is about to deliver on that promise. GSAs optimism for this time is based on several factors.
Spot Budget Approvals for Software & Implementation Services Government agencies dont issue RFPs before they secure funding. With Meeting Intelligence, implementation specialists can identify when budgets are being approved for software upgrades, IT consulting, and implementation services.
By analyzing government contracts, city budgets, and resident surveys, the community gained a clearer picture of what had been achieved and what still needed attention. The post Villa 20 rising: A community shaping its own future in Argentina appeared first on Open Contracting Partnership.
Key Takeaways Prime contractors, central to federal contracts, manage and ensure compliance with government projects, hiring subcontractors and overseeing all aspects from start to finish. Definition of Prime Contractor A prime contractor refers to an entity that receives a government contract to oversee and carry out a project.
Even as Congress takes up spending bills for a fiscal year already half over, budget watchers are preparing for release of the administration’s 2025 wish list. With all the votes in the president’s budget. So, there’s really a lot of interest in what’s in this FY 25 budget.
But NASA’s initiative to build such a spacecraft, which is called On-orbit Servicing, Assembly, and Manufacturing 1 or OSAM-1 , is running late and is way over budget, according to an Oct. The company holds a NASA contract for a spacecraft bus and a Space Infrastructure Dexterous Robot (SPIDER).
By offering access to a broad portfolio of contracts with industry leading suppliers, OMNIA Partners helps procurement professionals streamline their sourcing process and ensures they’re working with trusted suppliers who meet high standards.
Capital Edge Tip Line April 8, 2025 Navigating Government Contracting Updates with Chad Braley Edition 4 Federal contracting is experiencing a seismic shift with the rewrite of the Federal Acquisition Regulation (FAR) , agency restructures, and widespread layoffs that could disrupt programs and timelines.
Many of you will know that weve always been interested in opening up and improving the procurement and contracts that underpin mega-sporting events, which have – all too-often been – vectors for cronyism, corruption or massive mis-spending. Nine implementing bodies are involved, with Simico S.p.A. of allocated funds.
million contract from the U.S. Army Contracting Command received one bid for the fixed-price-incentive contract via an online solicitation and obligated funds in fiscal 2024 foreign military sales budget at RTX (NYSE: RTX) has secured a $156.2
A recent argument a contractor made to the Contract Board of Appeals might lead companies to the wrong conclusion. It is another case of a company trying to recover unanticipated costs under a fixed price contract, costs incurred because of the COVID pandemic. The contracting officer denied the claim. Zach Prince They did.
Patent and Trademark Office has awarded CGI Federal a pair of modernization contracts with a total potential value of $119 million to provide operational, maintenance and security services and expertise for the USPTO’s global innovation community.
This guide breaks down the crucial steps: identifying contracting opportunities, understanding procurement processes, and building relationships with government buyers. Dive in to learn strategies that can help you secure lucrative government contracts. Want to start selling to governments but dont know where to begin?
For the moment, the Pentagon’s transition to a new multibillion dollar contract for household goods moves is being held up by IT integration issues between Defense Department systems and those of its prime contractor. Those wages are set by the Labor Department and published in contract solicitations.
The 2025 defense budget includes further restrictions on semiconductor sales to Huawei, requiring companies to rethink customer-base oversight, but other provisions are likely to broaden procurement contract opportunities, say attorneys at Miles Stockbridge.
Patent and Trademark Office has awarded CGI Federal a pair of modernization contracts with a total potential value of $119 million to provide operational, maintenance and security services and expertise for the USPTO’s global innovation community.
million contract to build and demonstrate two wideband passive sensor systems for the U.S. RTX has secured a potential five-year, $ 20.8 Navy's Birdseye Yonder effort. The Potomac Officers Club will host the 10th Annual Defense R&D Summit on Jan. Register here.
GAO denied a pre-proposal protest by IBM over the terms of the solicitation for the estimated $5 billion contract. GAO denies IBM protest of VA RFP - GAO.gov) Small businesses could find it easier to work on contracts that require them to have a facility security clearance.
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