$114B left in agency coffers for fiscal 2010

Government has plenty of money to spend with contractors as the end of the fiscal year approaches, according to FedSources.

Money pit: $3B in cost overruns for Coast Guard's Deepwater procurement

The Coast Guard's Deepwater asset procurement program has seen its costs skyrocket while its performance capabilities degrade, according to a new report from the GAO.

Unisys federal business drags down revenue

Company says half of its decline in U.S. revenue in the second quarter came from lower sales in the federal market.

Lockheed Martin pushes forward with realignment

Lockheed Martin Corp. continues to make what it deems are necessary adjustments to its internal structure with key changes to its Information Systems and Global Solutions unit, according to a second quarter 2010 financial report issued today.

VA promises big role for small biz under $12B procurement

The VA's Transformation Twenty-One Total Technology contract will set aside at least seven out of 15 prime contracts for veteran-owned small businesses, Secretary Eric Shinseki announced. How much money is he pledging?

DOD ethics rule short on mitigation, industry complains

Proposal to combat organizational conflicts of interest offers few details on mitigation and leans strongly on avoidance, many industry commenters say.

How long will cloud's reality trail the hype?

True believers see it as the future. Detractors call for caution. But what do they both agree on?

Government plans to 'make and move markets' with emissions reporting

Officials predict a future where companies must report their greenhouse gas emissions inventories to the government to receive a contract.

DOD now required to report bundled contracts, sole-source awards

DOD's contracting now must publish a notification on FedBizOpps.gov or any similar site at least 30 days before releasing a solicitation for a bundled contract, according to a new Federal Register notice.

Are you green enough to win a contract?

Collecting greenhouse gas emissions might become part of the procurement process.

'Fiscal cancer' threatens government market

Tough times and tough decisions lie ahead as the government begins to wrestle with how to get its soaring budget deficit under control.

High-risk fed contracts are on the decline

Agencies reduced their use of high-risk contracts when comparing the first half of fiscal 2009 and that of 2010, although this year's numbers may be too fresh, one expert says.

OMB tightens reporting screws on subcontracts, executive pay

The administration unveils statutes that demand more information from contractors on both the value of their subcontracts and their most highly paid executives.

GSA issues final terms for $5B satcom contract

The General Services Administration released on July 6 a final request for proposals that will enable civilian and defense agencies to purchase much-needed commercial satellite communications, reports Emily Long at NextGov.

Administration alters reporting rules for stimulus money

The rule change requires first-tier subcontractors to report their jobs information to the prime contractors to include in their quarterly reports.

Administration makes it easier to award vets sole-source contracts

The amendment to the Federal Acquisition Regulation would more closely mirror the language of the Veterans Benefits Act.

DHS puts finishing touches on $22B opportunity

Vendors are looking over changes that the Homeland Security Department plans for a contracting vehicle that its agencies have used to buy information technology worth billions.

Pentagon tightens reins on contractors

The Defense Department wants its contractors to become more efficient as part of a larger DOD strategy to address declining budgets.

Small-biz definitions put hurt on midsize contractors

Midsize companies are stuck between big and small businesses as the definition of a small business has failed to keep up with the changing dynamics of the market.

Transparency initiatives teeter off balance

The Obama administration needs to correct transparency imbalances where either too little or too much information is being shared with the public, says Stan Soloway of the Professional Services Council.