October 25 2013 Copyright (c) 2013 Business Research Services Inc. 301-229-5561 All rights reserved.

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  • Shutdown’s lingering effects
    Costs, delays, new deadlines

    The 16-day shutdown of the federal government left a mess that still is being sorted out and cleaned up.

    Congress’ failure to authorize spending for fiscal 2014 resulted in the closure of all non-essential government services from Oct. 1 to 16.

    Here are some of the impacts:

    • U.S. Economy hit: Agency closures and furloughs of hundreds of thousands of federal employees caused delays and gridlock in many sectors. Specialists estimated the economy would lose $12 billion to $24 billion as a result, according to the New York Times (http://goo.gl/xLVlWs).
    • Backlog of SBA loans: Small Business Administration workers got than 700 new small business loan applications, Washington Post reported (http://goo.gl/zNKYzV).
    • Delayed payments: DOD officials said some vendor payments would be delayed (Washington Business Journal http://goo.gl/0NkISP)
    • The General Services Administration moved its deadline for bids for the $60 billion “OASIS” professional services contracts to Oct. 30. That applies to the unrestricted and the small-business tracks (http://goo.gl/OpBnJf).
    • NASA announced it would delay its due date for bids on its $20B “SEWP V” contract to Nov. 1 or later, according to a notice. The contract will provide agencies with desktops, laptops, servers and other IT equipment (https://www.sewp.nasa.gov/sewpv/).

    More information: Jennifer Aubel blog entry: http://goo.gl/4O4SMw
    Larry Allen blog entry: http://www.allenfederal.com/wk-ahead/9-16-2013.php#!


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