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Search Tags: Industry
Todd Harrison, a senior fellow at the Center for Strategic and Budgetary Assessments, joined the Federal Drive with Tom Temin and Amy Morris to discuss how sequestration will affect defense managers and contractors. He said the threat of automatic, across-the-board cuts from sequestration will hang over DoD for the next year.
The agency fixes the issues found by GAO after two vendors protested the contract. Vendors must submit new or revised proposals by Dec. 20.
An amendment to the 2012 Defense Authorization Bill would cap taxpayer-funded contractor compensation at $400,000. Under current executive compensation limits set in 1998, contractors can charge up to $693,951 for the salaries of their top five executives.
Curt Aubley, vice president and chief technology officer of Lockheed Information Systems and Global Solutions, joined the Federal Drive with Tom Temin and Amy Morris to discuss what the partnership means for the federal government.
Procurement experts say the increased use of this punishment is the "death penalty" for the vendors. Lawmakers say agencies need penalize bad actors more aggressively.
Tags: acquisition , contracting , industry , Susan Collins , Joseph Lieberman , Dan Gordon , GAO , OFPP , Senate Homeland Security & Governmental Affairs Co , supension and debarment , Bill Shook , Shook-Donan , Joe Hornyak , Holland and Knight , Jason Miller
Mears is head of Motorola Solutions' Government and Public Safety.
OMB details the 12 product service codes and specific steps agencies must take over the next year to cut 15 percent of their management service contracts next year. Agencies spent $44 billion on these contracts in 2011.
The Defense Department said it intends to not just rebuild its acquisition workforce in numbers, but also make sure those employees have access to new tools that will give them the insight they need to make good decisions.