August 31 2012 Copyright (c) 2012 Business Research Services Inc. 301-229-5561 All rights reserved.

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  • Surprise turnaround for veteran-owned verifications
    In a dramatic turnaround, the Veterans Affairs Department has approved the majority of the initial requests to verify veteran ownership of a business in the last 10 months, after a year of denying most of those requests, according to new information released by the department.

    Fourth-quarter spending surge: How big will it get?
    The federal fourth-quarter spending surge is accelerating into its final weeks, and it looks to be just as busy as usual, if not more so.

    Can an 8(a) business owner work a second job?
    A recent case decided by the Small Business Administration’s Office of Hearings and Appeals could open the door—at least a tiny bit—to overcoming the agency’s longstanding practice of prohibiting nearly all second jobs for owners of 8(a) small, disadvantaged businesses.

    Deltek sold to equity investor
    Deltek Inc. announced it was being bought by private equity firm Thoma Bravo LLC.

    $54M Fraud Alleged
    An Army Reservist and two former Special Forces soldiers were indicted in a fraud scheme involving $54 million in federal contracts in Afghanistan.

    Legal decision could have big impact on 8(a)
    A federal court has given a mixed ruling on a challenge to the constitutionality of the Small Business Administration’s 8(a) set-aside program for small, disadvantaged businesses.

    GAO rules on downsizing of vendor pool
    The Government Accountability Office ruled that the General Services Administration improperly reduced the number of vendors being considered for a contract. The protest by CyberData Technologies was upheld.

    New reports rule: Contractors must report sub awards, compensation
    The Federal Acquisition Regulation councils issued a final rule on publicly reporting contractor executive compensation and first-tier subcontract awards valued at more than $25,000. The rule took effect on Aug. 27.

    SBA updates size standards to match with new NAICS codes
    The Small Business Administration revised its size standards for 41 industries to comply with the most recent version of the North American Industry Classification System (NAICS).

    Leaders of the House Committee on Oversight and Government Reform Committee said they are probing spending at 153 conferences.

    Homeland Security Department officials may revise their acquisition rules.

    Federal efforts to support entrepreneurs are fragmented and overlapping.

    A Veterans Affairs Office of Inspector General audit found that Health Net Inc. improperly benefited.

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