January 9 2009 Copyright 2009 Business Research Services Inc. 301-229-5561 All rights reserved.

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Online Update: Obama Orders Overhaul of "Broken" Procurement System
Denouncing a “broken system of government contracting,” President Obama ordered an overhaul of procurement policies that will focus on increased competition, limits on cost-plus contracts and better oversight. Denouncing a “broken system of government contracting,” President Obama ordered an overhaul of procurement policies that will focus on increased competition, limits on cost-plus contracts and better oversight.

RFPs, Dollars Start Flowing from Recovery Act
Federal agencies are getting down to the business of spending the billions of dollars allocated under the American Recovery and Reinvestment Act, as they seek sources and release RFPs for new projects.

Challenge to Agencies: Spend Quickly, But Wisely
The spending splurge under the economic stimulus program will challenge an overburdened federal acquisition workforce, according to government and industry officials.

“Shocking:” Debarred Contractors Still on the Job
Federal agencies awarded contracts to at least 25 companies that had been suspended or debarred “for egregious offenses,” the Government Accountability Office found.

Experts Propose New Acquisition Structure
A former federal procurement leader is urging the Obama administration to give the Office of Management and Budget new authority over acquisition.

Business Issues: Auditors Monitor Troubled Firms
The Defense Contract Audit Agency has issued an Audit Alert to emphasize that auditors are to be alert to adverse financial conditions that might impede a contractor’s ability to perform on government contracts

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