Tue.Sep 17, 2024

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Are Personal Injury Settlements Taxable?

Coleman Jackson, P.C.

9/17/2024 After suffering from an injury due to someone else’s negligence, winning a personal injury settlement can feel like a huge relief. You no longer have to worry about medical bills, lost wages, or other expenses incurred as part of your accident. However, it is important to be careful how you use your settlement because […] The post Are Personal Injury Settlements Taxable?

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5G as a Digital Transformation Accelerant

FedInsider

Monday, October 7, 2024 | 2:00PM EDT | 1 Hour | 1 CPE The United States leads the world in adopting 5G technology for communications and wireless internet access, thanks to its high speed, low latency, and increased bandwidth access. This has provided a huge boost to digital transformation in both the public and private sectors. For instance, the rapid adoption of edge computing can be attributed to 5G’s superior qualities.

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Intel Gets Up to $3B in Government Funding for Secure Enclave Program; Chris George Quoted

GovCon Wire

Intel (Nasdaq: INTC) has secured up to $3 billion in CHIPS and Science Act funding to work with the Department of Defense to broaden the production of secure semiconductors for the U.S. government and ensure the security of the domestic chip supply chain as part of the Secure Enclave program.

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GC Base Salaries At Big Companies On The Rise

Government Contracts

General counsel base salaries at companies making $5 billion or more in revenue has increased from last year, while their total compensation has decreased, according to a report released Tuesday by the Association of Corporate Counsel and Empsight International LLC.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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SandboxAQ Names Andrew McLaughlin as Chief Operations Officer

ExecutiveBiz

SandboxAQ has appointed Andrew McLaughlin as its first chief operations officer. In his new role, McLaughlin is responsible for scaling the AI and quantum business units, supporting work on large quantitative models essential to the creation of breakthrough products in biopharma, chemicals, automotive and aerospace, among other sectors, SandboxAQ said Tuesday.

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NRC enlists GSA to help with artificial intelligence governance

FedScoop

The Nuclear Regulatory Commission and the General Services Administration are partnering for an artificial intelligence maturity assessment as a foundational step in the nuclear agency’s path to finalizing a strategic plan. Over the next nine months, the NRC will welcome a GSA provided-project manager to work directly with staff to consult on what the agency needs to solidify an enterprise strategic plan, Basia Sall, the chief data officer and director of the NRC’s Data, Information Management a

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How Tribes Can Benefit from More Native Participation in the IT Workforce

FedTech Magazine

Addressing underrepresentation in the IT workforce is the first step toward developing a robust pipeline of Native American IT professionals, according to Monday’s multipanel session at TribalNet 2024. Justin Raisor, advisory board member of the Tribal Cyber Training League, cited Cisco’s estimate that Native Amercians make up less than 0.005% of the tech workforce in the United States, despite accounting for nearly 3% of the country’s population.

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NTSB looking for help managing its fleet of drones

FedScoop

The National Transportation Safety Board is hoping to streamline its use of drone technology, according to a recent federal contracts posting. The Transportation Department subcomponent is hoping to track its growing fleet of uncrewed aerial systems, or UAS, which it currently uses to investigate accidents, and the NTSB now says it’s looking for a cloud-based software provider that can provide fleet management services.

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Contractors prepare for appropriations to run out in two weeks

Federal News Network

It’s hard to tell how Congress will put together a funding bill for even a continuing resolution with less than two weeks left in the fiscal year. So contractors are doing what they feel that have to. Prepare for a lapse in appropriations. The Federal Drive with Tom Temin spoke to the president and CEO of the Professional Services Council, David Berteau.

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CACI Strikes $1.3B Cash Deal for Azure Summit; John Mengucci Quoted

GovCon Wire

CACI International (NYSE: CACI) has agreed to buy Azure Summit Technology for approximately $1.275 billion in cash as part of efforts to expand its technology offerings for the Department of Defense and other national security agency customers.

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Rezoning (Part 2): Updates to the HUBZone Program

SmallGovCon

Very recently, we went through some more of the potential changes to the HUBZone Program from SBA’s proposed rule from August 23, 2024. In this post, we will look at the remaining proposed changes. SBA’s proposed rule would change HUBZone protests appeals, principal office requirements (which we did discuss a bit before here ), HUBZone map concepts, and the HUBZone price evaluation preference (PEP).

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NorthStar, Riverside Research to Enhance Space Situational Awareness Under DARPA Program; Tim Waltz Quoted

ExecutiveBiz

NorthStar Earth & Space Systems is collaborating with Riverside Research to enhance U.S. space situational awareness capabilities under the Defense Advanced Research Projects Agency’s Space-WATCH program. The partnership seeks to improve the ability of the U.S. to detect space threats caused by unexpected events or anomalies, NorthStar said Monday.

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Chinese national charged in alleged spearphishing campaign that targeted NASA, Air Force

FedScoop

A federal grand jury in Atlanta has indicted a Chinese national on charges stemming from his alleged efforts to use spearphishing to target U.S. entities, including NASA, the Federal Aviation Administration, and several military branches. The indictment , which was filed Sept. 10 and unsealed Monday by the U.S. District Court for the Northern District of Georgia, charges Song Wu, 39, with wire fraud and aggravated identity theft related to those efforts.

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Army Selects QinetiQ, Griffon Aerospace to Compete in $95M Aerial Target Systems 3 Contract

ExecutiveBiz

The U.S. Army has awarded Griffon Aerospace, QinetiQ, KBM Wyle Services, AEVEX Aerospace and COLSA spots to compete for orders under the Aerial Target Systems 3 firm-fixed-price contract vehicle valued at $95 million. Work on the contract will be performed until Sept.

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NSW Department of Education works with AWS to transform tech skills and the digital jobs landscape

AWS Public Sector

The rise of artificial intelligence (AI) and digital technologies is changing how we work and what skills workers need to be able to thrive. The World Economic Forum Future of Jobs Report 2023 estimates that 60 percent of workers will require retraining by 2027 to prepare for jobs of the future, in a world of intelligent machines and cognitive computing.

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DC Capital Invests in Digital Modernization Platforms Provider C5MI

ExecutiveBiz

Private equity firm DC Capital Partners Management has invested in C5MI to help the latter further develop its logistics and supply chain platforms and services for government and commercial clients. C5MI said Monday its founders have reinvested equity as part of the strategic investment.

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GovCon Expert Ron Lear on the Business-Minded Updates of CMMI v3.0

GovCon Wire

By Ron Lear, Vice President of Models and Frameworks at ISACA The Capability Maturity Model Integration, or CMMI, has grown and evolved quite a bit in its 30-plus-year history.

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CACI Enforces National Contract Management Association Standard; Amanda Christian Quoted

ExecutiveBiz

CACI has adopted the National Contract Management Association’s standard for hiring, training and developing its contract management professionals to ensure alignment with federal standards. The company said Monday the move underscores its commitment to advancing career opportunities and utilizing standardized industry language.

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Procurement Potpourri

Federal News Network

Federal News Network Executive Editor Jason Miller joins host Roger Waldron on this week’s Off the Shelf for “Procurement Potpourri,” a wide-ranging discussion of key procurement policy and program developments across the federal market. They tackle the state of interagency contracting focusing on the status of the four major interagency procurements: OASIS+, CIO-SP4, NASA SEWP, and Alliant 3.

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Intelsat Tapping Satellite Terminal Partners to Pursue Multi-Orbit Services Strategy; David Wajsgras Quoted

ExecutiveBiz

Intelsat has announced its goal to be the world’s first provider of multi-orbit solutions to all relevant businesses by the first half of 2025 as part of a new satellite terminal strategy.

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Regulation changes & other issues in contracting

Federal News Network

This week on Amtower Off Center , Larry Allen, president of Allen Federal Business Partners , joins host Mark Amtower to discuss current issues in contracting including upcoming changes in regulations. Topics include: The recurring issue of contractors failing to deliver on what was promised in their contracts New OMB guidance is coming on the use of AI by KOs during the acquisition process New environmental regulations for contractors are coming soon The potential scenarios for another CR and p

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Ultra I&C Books Air Force Contract to Enhance Air Defense Systems Program; Bradford Powell Quoted

ExecutiveBiz

Ultra Intelligence & Communications has secured a $31.4 million contract from the U.S. Air Force to provide services to support the Joint Air Defense Systems Integrator program. The five-year indefinite-delivery/indefinite-quantity contract covers engineering services, repair, help desk and software support for the program, Ultra I&C said Monday.

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V2X Appoints Christopher Carter as CISO

GovCon Wire

Christopher Carter, former vice president at Science Applications International Corp. (Nasdaq: SAIC), was named chief information security officer at V2X, according to the executive’s LinkedIn announcement. He brings to V2X years long experience in leading cyber risk management and defenses against advanced persistent threats.

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American Systems Welcomes David Dacquino as Independent Board Member; John Steckel Quoted

ExecutiveBiz

American Systems announced that David Dacquino had joined the company as independent board member and human resources committee chairman, effective Sept. 16. Dacquino took the seat of L. Kenneth Johnson, who had been part of the board for 18 years, the company said Monday.

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AAR, L3Harris Secure $1.2B Navy IDIQ for P-8A Poseidon Maintenance

GovCon Wire

AAR Government Services (NYSE: AIR) and L3Harris Technologies (NYSE: LHX) have been awarded indefinite-delivery/indefinite-quantity contracts by the U.S. Navy. The Department of Defense said Friday the firm-fixed-price, time-and-materials contracts, which total an estimated $1.20 billion, cover maintenance and support services for the P-8A Poseidon aircraft.

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US, Allies Take Great Power Competition Head-on With Logistics

ExecutiveBiz

The U.S. and its allies have honed in on logistics and sustainment to address the many threats that come with rising geopolitical tensions. Logistics capabilities are the backbone of military readiness and a defining factor of battlefield success. They also serve another purpose: deterrence. Register here! The Potomac Officers Club’s first-ever GovCon International Summit on Oct.

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David Dacquino Joins AMERICAN SYSTEMS’ Board of Directors

WashngtonExec

AMERICAN SYSTEMS has appointed David Dacquino to its board of directors as an independent member to chair the Human Resources Committee. Dacquino occupies L. Kenneth Johnson’s vacant seat on the board. Johnson served in his position for 18 years. He joins AMERICAN SYSTEMS’ President and CEO John Steckel, AMERICAN SYSTEMS’ Vice President of Human Resources [.

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The Future of 5G Technology in Government

FedInsider

Friday, September 27, 2024 | 2:00PM EDT | 1 Hour | 1 CPE The advent of 5G technology opened a new world of possibilities, enabling applications such as autonomous vehicles, the Internet of Things IoT), and smart cities. The next-generation communications standard already in development – 6G – is a revolutionary technology that will provide unprecedented speeds and low latency, making it perfect for innovative use cases such as smart homes, autonomous transportation systems, healthcare, and even

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Restricting freedom of contract- The EU foreign subsidies regulation and its consequences for public procurement

Bestek Procurement

PurpLE team members Associate Professor Marta Andhov (PI) and senior researcher Michał Kania published a paper in the Journal of Public Procurement titled “Restricting freedom of contract”, addressing the EU foreign subsidies regulation and its consequences for public procurement. The context of the paper Freedom of contract is one of the fundamental principles in contract […] The post Restricting freedom of contract- The EU foreign subsidies regulation and its consequences for public proc

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SEC Fines 12 Muni Advisers $1.3M In Texting Probe Actions

Government Contracts

The U.S. Securities and Exchange Commission on Tuesday fined 12 municipal advisory firms a combined $1.3 million over their failure to keep records of employees' use of text messages and other so-called off-channel communication methods to conduct business.

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Why the Federal Fiscal Year Starts in October: A Look Back at History

USFCR

When you think about the start of a new year, you likely think of January. However , the fiscal year starts on October 1st for the U.S. federal government. This may seem unusual at first glance, but there’s a solid reasoning behind it. Let’s explore the historical background and how this timeline benefits both the government and businesses involved in federal contracting.

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Contracting Rules Don't Bar Union Requirement, GAO Says

Government Contracts

Government contractors can be mandated to enter into agreements with labor unions to qualify for deals, the U.S. Government Accountability Office ruled Monday in a company's protest of the requirement for a $6.6 billion deal.

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SBA Proposes Rule That Will Change M&A Landscape for Small Business, Recertifications to Impact Award Eligibility

Discussions & Clarifications

The Small Business Administration ("SBA") recently issued a proposed rule that changes the effect of a concern's size recertification following mergers and acquisitions ("M&A") activity. Notably, the proposed rule is ostensibly an omnibus proposal as it covers a host of issues under SBA's socio-economic contracting programs. The proposed rule, for example, includes changes to SBA's negative control affiliation provisions ( discussed here ), joint venture rules, mentor-protégé rules

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Mass. Contractor Owes $77K For Violating Davis-Bacon Act

Government Contracts

Five construction workers recovered $77,206 after they were stiffed of prevailing wages and fringe benefits on a Davis-Bacon Act project in Boston, the U.S. Department of Labor announced Monday.

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Peraton, Rivada Partner for LEO Network Capability Development

ExecutiveBiz

Peraton has partnered with German company Rivada Space Networks to develop an ultra-secure low-Earth orbit network to support mission-critical U.S. government communications globally. Under the collaboration, Peraton said Monday it will leverage Rivada’s OuterNET technology to enhance its space infrastructure.

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Competitiveness Outranks Climate In New EU Commission

Government Contracts

European Commission President Ursula von der Leyen shifted her focus from climate change to boosting competitiveness as she proposed her team of commissioners for the next five-year mandate Tuesday, handing out key jobs covering everything from competition enforcement to trade policy.

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