Management

GTSI gives ‘going concern’ warning because of SBA suspension

Washington Business Journal reports GTSI\'s concerns over its SBA suspension from new government contracts.

Federal News Network Staff

October 5, 2010 2:52 pm

< a min read

GTSI Corp. said its suspension from consideration for new federal government contracts could affect the company’s operations, financial condition, and ability to remain a going concern, Washington Business Journal reports.

GTSI will fight the Small Business Administration suspension announced Oct. 1. The investigation might lead to “administrative, civil, or criminal liabilities.”

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