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Shows & Panels
Search Tags: Mary Beth Romani
Many small and large businesses are turning to cash reserves to pay bills, including employee salaries, as the government stops processing invoices. There could be a silver lining for some, as the government may be liable for the cost of a shutdown-related stop work order under specific types of contracts.
Tags: industry , contracting , government shutdown , Kim Hayes , Ambit Group , Integrity Management Consulting , John Hunnicutt , TRCA , Trey Hodgkins , TechAmerica , Michael Fischetti , NCMA , Jason Miller
A new Federal News Radio online survey shows downward trends in the contracting market this year, and vendors have rising concerns in the out years about what this new normal means. The survey found 57 percent of the respondents have been negatively impacted by sequestration by fewer contract opportunities, and more than 55 percent of the respondents said when it comes to making contract awards over the last six months, the government has been in a state of paralysis.
Tags: industry , contracting , Private Side of Sequestration , sequestration , budget , Govini , Geoff Celhar , Bob Lohfeld , Lohfeld Consulting , Chris Romani , Integrity Management Consulting , Harold Youra , Alliance Solutions , Paul Fernandes , STG , Diana Gowen , CenturyLink , Jason Miller
With fewer new federal contracts on the horizon, vendors are trimming staff, changing direction and hedging their bets as sequestration plays out, according to the results of an exclusive Federal News Radio survey. Contractors are also blaming sequestration for low morale in their offices.
Tags: sequestration , Private Side of Sequestration , Evan Lesser , Stephen Fuller , Ward Carroll , Cameron Leuthy , Bob Lohfeld , Chris Romani , workforce , hiring , furloughs , Budget Control Act , budget , Michael OConnell , management