FedBid splits into two companies

Reverse auction company FedBid Inc. is spinning off its non-federal business into a separate firm, and has named Joe Jordan as chief executive of the public sector organization.

Jordan tweeted the news on Jan. 20, confirming a report by Federal News Radio ( http://goo.gl/NfpjDN ).

FedBid's founder and former CEO Ali Saadat will lead the commercial sector.

Saadat and others at the firm were accused of improper actions by the Veterans Affairs Department Inspector General in 2014 for their role in allegedly obstructing fair bidding.

Tangherlini to leave GSA on Feb. 13

1,479 census tracts added to HUBZones

FedBid splits into two companies

GSAR gets 48 changes

Defense Dept. orders “tailored” acquisitions

Column: Claim Basics: Five key considerations for government contract claims

Washington Insider: