Colorado citizens yesterday were voting on a constitutional amendment to ban political contributions from entities winning no-bid government contracts. The Denver Business Journal reports that this proposal will pass with about 51% of the vote. The amendment has raised the ire of unions, especially public employees ones such as the teachers union, as it is worded broadly enough to seem to ban...
Government Industry Archive
November 2008
Deltek has been the major supplier of Enterprise Resource Planning (ERP) software to corporations large and small, one of their key market areas has been to defense contractors. Most of the companies I have worked for have used Deltek products for accounting; especially their on-line time sheet systems. Because many government contractors are paid for each hour their employees work, accurate...
New York to restrict spending to essential projects only - New York new Governor, David Paterson, says that due to the downturn in the nation’s economy state spending will be restricted in the future. Only essential projects will be funded and state agencies have been told to cut back on spending on office supplies and other “non-essential” services. [Source: New York Daily...
NCI, Inc is a smallish IT company. It reported its Third Quarter Results today, the press release is available at MarketWatch.com. The company had a record quarter with very strong growth. In summary it saw increases across the board: –Operating income up 23% to $7.8 million –Operating margin increases to 7.7% –Third quarter EPS up 30% to $0.32 –DSO of 76 reflects 12...
Either of the candidates currently running for office, John McCain or Barack Obama, will face challenges when it comes to Federal spending. The downturn in the economy as well as the various promises they have made will require more funding. If there is a heavily Democratic Congress that also will put pressure on how the money is spent. The New York Times reports on preparations already under...
The Australian Government still owns three electrical power generators; as well as three electricity retail companies. Now the The Australian is saying that the government plans to sell these companies to private bidders. This had been proposed previously by the government but the terms were considered so bad that the Minister in charge, Mr. Iemma, was forced to resign. Now his successor,...
Your Communication News reports that the US DoD awarded Verizon two contracts for voice an data services. The two contracts are worth a combined $1.2 B; and have the ability to grow as new requirements are generated by the US government. Verizon already has had a contract in the past to provide these types of services. Obviously the US DoD is a huge consumer of such services as they have a...
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BNET Government provides daily industry trends and global news coverage with insights for managers and executives within the world wide business of government contracting. We analyze new and interesting contract awards, government policy changes, and the trends in procurements and spending. There will also be discussions of the sector with a focus on small and innovative companies and business lines. The world's governments spend billions each year on a variety of hardware and services and the site will discuss how the money is being allocated.