Tag Archives: contract

Article Excerpt: The federal government has a statutory goal of awarding 23% of contracts to small businesses, which are defined as businesses that are “independently owned.”  However, according to a new report issued by the American Small Business League (ASBL),  77.6 … Continue reading

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Article Excerpt: The number of new suppliers to the U.S. government fell 14 percent last year even as the Obama administration sought to increase competition in contracting. Contract awards in the year that ended Sept. 30 went to about 29,800 … Continue reading

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Article Excerpt: Federal buying procedures are about to get an update. After a couple of years of deliberation, the Federal Acquisition Regulation Council has finalized three rules that go into effect on April 2. The rules limit how agencies can … Continue reading

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Article Excerpt: Workers at a Campbellsville factory that makes T-shirts for U.S. soldiers won’t have to fear losing their jobs to prisoners. Senate Republican Leader Mitch McConnell said he has received notification that Federal Prison Industries won’t bid on the … Continue reading

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Article Excerpt: The Pentagon on Tuesday told Lockheed Martin Corp, the No. 1 U.S. defense contractor, that it would withhold about $1 million a month in billings on the latest F-35 fighter contract until the company fixes a complex system … Continue reading

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