One way to generate additional funds is the “cut and invest strategy,” or decrease funding for the maintenance of legacy systems and invest that money in new projects.
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One way to generate additional funds is the “cut and invest strategy,” or decrease funding for the maintenance of legacy systems and invest that money in new projects.
Kay Ely will start on September 25 as the new director of the General Services Administration’s largest Multiple Award Schedule, IT Schedule 70.
Officials recognized speed as a priority if they want to keep up with how quickly the technological world revolutionizes itself. Acquisition processes and regulations need to match the developmental life cycle.
IBM has developed the architecture and requirements for the first phase of the new repository, called the System for Award Management (SAM), which will eventually be the single point of entry for contractor and federal grantee registration, certification, contracts and performance data.
Despite the economic downturn, consumption of IT goods and services via GSA Schedule 70 is growing nearly twice as fast as the total state and local market, further boosting its value as a vehicle for business development.
The Top 100 government contractors pulled in nearly $130 billion in prime contracts last year. These companies are ranked based on sales related to IT products and services, systems integration, telecommunications, professional services and engineering services.
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The increase in the SAT increases opportunities for small businesses. During FY2010, twenty federal agencies issued more than 585,000 Simplified Acquisition contract actions totaling $9,442,964,485. Are you getting your share of these?
Estimates on how much the government spends on cybersecurity range from roughly $2 billion to $8 billion a year, depending on how one defines cybersecurity and its range of applications. Some analysts predict costs could grow 5 percent to 8 percent annually during the next several years.
2010 Top Government Contractor Rankings prove that the federal contracting market is anything but stagnant