It’s that time of year when activity on Capitol Hill usually falls into a lull. But this year’s the rare occurrence when big legislative activity is happening in August. The Senate passed a huge reconciliation bill over the weekend; the House is expected to do the same later this week. Meanwhile both houses have a lot of work waiting for them to reconcile their versions of the annual appropriations and authorization bills.
When the Biden Justice Department sued Booz Allen on antitrust grounds over Booz's acquisition of EverWatch, it sent a signal. The federal contracting class of companies isn't exempt from an aggressive anti-trust stance. Justice said the acquisition would combine the only two competitors in certain support services for national security.
The House Armed Services committee spent time last week marking up the defense authorization bill for 2023. As always, the NDAA has a lot to say about procurement and contractors. But it doesn't say anything about whether they're compensated for inflation.
The defense industrial base faces many challenges, like inflation and Ukraine, that need to be dealt with this fiscal year.
Contractors are starting to understand what the 2023 budget proposal by the Biden administration will look like. Here is one analysis from a man who has studied them for decades.
A new rule increasing the U.S.-made content in what the government buys is on the way. The Federal Acquisition Regulation Council published it yesterday. It increases the minimum U.S. content from 55% to 60%, and eventually to 75%. But, the rule has several exceptions
The continuing resolution, having now eaten up nearly five months of the fiscal year, is starting to affect the market valuations of publicly traded federal contractors. That may not seem like a concern of the government, but think again.
Federal contractors face looming continuing resolution deadlines just a month off. They're also facing an ever tighter compliance and small business contracting regime.
Like a pile of pick-up sticks, the Biden administration's contractor vaccine mandate has collapsed in a heap. But that doesn't end the matter necessarily.
From lack of a new budget to roiling vaccine mandates, the federal government, from contractors' point of view, has become, you might say, an even more difficult customer. Federal Drive with Tom Temin checked in with the president and CEO of the Professional Services Council, David Berteau.
Federal contractors only want two things at the moment. Besides contracts that is. One is for Congress, specifically the Senate, to get on with the National Defense Authorization law already.
Federal contractors are drawing on the lessons they learned from the last partial lapse in appropriations, a 35-day event companies say has changed the way they prepare for a possible government shutdown later this week.
A memo from the Defense Department late last week seemed to point to continuing contractor work in Afghanistan. But it instructs contractors to do something strange when it comes to putting information into the Federal Procurement Data System.
In today's Federal Newscast, federal contracting continues in Afghanistan, and the Pentagon takes steps to ensure security of those performing it.
The House passed a nine-week continuing resolution Tuesday night, which would sustain agency operations through Dec. 3. But the CR also temporarily suspends the debt limit through December 2022, a measure Republicans have said they're unwilling to support.