Contracting News
Source: FNN The Department of Veterans Affairs is preparing to issue what’s likely to become one of the largest service contracts in government history as it restructures its arrangements, aiming for rigorous management of the department’s role as a health care payer and greater competition among…
Source: JDSUPRA On April 3, 2025, the White House Office of Management and Budget (OMB) released two memoranda, M-25-21 and M-25-22, regarding federal agencies’ use and acquisition, respectively, of artificial intelligence (AI) systems. Among other strategies oriented towards the Trump…
Source: NEWSWISE Maryland's business community endured turbulence in 2025 from rising costs, federal workforce reductions and sweeping tariff changes. Nonetheless, many firms remain cautiously optimistic about the months ahead. This, according to a new statewide survey assessing the business…
Source: EXECGOV The Department of Government Efficiency announced that federal agencies terminated 43 excessive contracts with a total ceiling value of $3.5 billion over the past five days, resulting in approximately $222 million in savings. DOGE said the canceled contracts include a $29 million…
Source: BDO Key Takeaways: There are three common U.S. government contract types: Firm Fixed-Price, Cost-Plus, and Time and Materials contracts. From a contractor’s perspective: - Firm Fixed-Price contracts are high financial risk, low compliance risk, and have a low administrative burden. -…
Source: FDN The Trump administration’s plans to shutter four small agencies are indefinitely on hold, following a court’s recent ruling. A federal judge in Rhode Island issued a permanent injunction on Nov. 21, blocking the administration from taking any further action to eliminate the Institute of…