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Contractors say upsurge in MACs leads to duplication, added costs

The Coalition for Government Procurement has called on senior administration leaders to take more action to combat increasing contract duplication, largely from the spread of multiple-award contracts (MACs). Member companies say they are seeing more duplicated contracts and that has added to their costs, according to a CGP survey.

Tags: acquisition , contracting , Coalition for Government Procurement , Roger Waldron , OFPP , GSA , industry ,

Friday - 11/16/2012, 08:50pm EST

Postal Service pension surplus shrinks as Donahoe renews call for legislation

Surplus payments the Postal Service made to the Federal Employee Retirement System are much smaller than once thought. Last year, the surplus was estimated to be $11.4 billion. But because of a reduction in projected long-term interest rates, OPM estimated the surplus would drop to $2.6 billion. SPS had wanted to use those overpayments to pay down some of its debts

Tags: USPS , budget , Congress , Joe Corbett , Patrick Donahoe , postal reform

Thursday - 11/15/2012, 08:40pm EST
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'Unleashing' technology could slash deficit by $200B, report says

Better leveraging technology in a handful of key areas could help solve pressing national challenges, improve the quality of government services and reduce the federal deficit by more than $200 billion. That's the main takeaway from a collection of reports that make up the 2012 Quadrennial Government Technology Review, commissioned by the American Council for Technology-Industry Adivsory Council's Institute for Innovation. Anne Reed and Molly O'Neill, the two co-chairs of the institute's steering committee, and Wendy Henry, a member of the steering committee, joined In Depth with Francis Rose to discuss the reports' findings.

Tags: In Depth , Francis Rose , ACT-IAC , technology , budget , Anne Reed , Wendy Henry , STEM , Molly O

Wednesday - 11/14/2012, 02:51pm EST
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Bid protests increase in 2012, nearing 15-year high

The number of bid protests filed in fiscal 2012 ticked up 5 percent from last year to 2,475 cases - more than any year since 1995, according to a new report from the Government Accountability Office.

Tags: aquisition , contracting , GAO , bid protests ,

Tuesday - 11/13/2012, 07:32pm EST

Federal-employee, veterans groups assail proposal to limit COLAs

Federal-employee groups and veterans organizations say a legislative proposal that would result in lower cost-of-living adjustments for federal and Social Security retirees is a non-starter. Moving to a "Chained" Consumer Price Index method of calculating inflation would curtail future benefits for Social Security retirees, including federal employees and veterans, opponents of the proposal say.

Tags: Congress , budget , pay and benefits , COLA , chained CPI , NARFE , Bernie Sanders , retirement , Julie Tagen ,

Friday - 11/09/2012, 08:49pm EST

Unions relish Obama victory but temper expectations for second term

Federal-employee unions have hailed the re-election of President Barack Obama over Republican challenger Mitt Romney. But despite the excitement, union leaders are tempering their expectations for a second term. National Treasury Employees Union President Colleen Kelley and J. David Cox, the president of the American Federation of Government Employees, told Federal News Radio their groups are ready to play an expanded role to deal with the budget deficit and alternatives to the sequestration cuts coming in January.

Tags: Election 2012 , federal unions , In Depth , Federal Drive , Colleen Kelley , NTEU , J. David Cox , AFGE ,

Wednesday - 11/07/2012, 09:03pm EST
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OPM makes dent in retirement backlog as claims continue rolling in

For the fourth straight month, the number of federal employees filing for retirement has outstripped the Office of Personnel Management's expectations, according to new data released by the agency. OPM also beat its projections for processing retirement claims.

Tags: OPM , retirement , retirement backlog ,

Tuesday - 11/06/2012, 03:23pm EST

Delayed software updates leave IRS computers prone to hackers, auditors say

Thousands of IRS computers could be prone to cyber intruders because officials aren't updating software in a timely manner, according to a report from the Treasury Inspector General for Tax Administration.

Tags: cybersecurity , technology , IRS , TIGTA ,

Thursday - 11/01/2012, 08:10pm EDT

USPS countersues Northrop Grumman for contract overruns

Nearly six months ago, Northrop Grumman filed a $179 million lawsuit against the U.S. Postal Service, alleging the agency delayed and disrupted its work on a multimillion-dollar contract to create and install high-tech mail sorters. Now, USPS has countered those claims, alleging the company actually owes it millions of dollars because the contract ran over schedule, according to documents obtained by Federal News Radio.

Tags: USPS , contracting , acquisition , lawsuit , Northrop Grumman , exclusive

Friday - 11/02/2012, 08:25pm EDT

Lifecycle Funds down as October TSP returns dip

After months of solid numbers, most of the funds in the Thrift Savings Plan posted negative returns in October, including all of the Lifecycle (L) Funds. The G, F and I Fund all posted slight gains.

Tags: TSP , pay and benefits , Lifecycle Funds

Thursday - 11/01/2012, 03:50pm EDT
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