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On the same day in March that Lockheed Martin warned that the sequester could lead to thousands of employee furloughs and layoffs, the nation’s largest federal contractor disclosed that it had just boosted the compensation of its former CEO by more than $2 million.
The government is investigating whether an office supply contractor has been improperly selling products made in China in violation of the Trade Agreements Act, court records show.
The federal government spends tens of millions of dollars to train contracting officials each year, but agencies don’t always know whether all the coursework is making a difference, the Government Accountability Office said in a report Tuesday.
An ongoing investigation by the Office of Personnel Management’s inspector general into contract steering and wasteful spending raises questions about a former OPM official who left the agency in September 2011 to oversee the General Services Administration’s biggest federal supply schedules program.
The chairman of the House Small Business Committee on Tuesday called on 35 federal agencies to provide details on their compliance with new federal provisions aimed to help small businesses compete for federal contracts.
A northern Virginia technology contracting firm and its former president pleaded guilty Thursday in U.S. District Court in Washington to bribery charges in what prosecutors call the largest bid rigging scam in federal contracting history.
Two weeks after sequestration began, contract lawyer Bill Spriggs got a call from a vendor client upset that a federal contracting official had just ordered it to cut its price by 10 percent for “sequestration-related cuts” without a change in service levels.
The Government Accountability Office on Tuesday denied a protest from bidders challenging the award of a big Internal Revenue Service technology contract that a top House Republican wants investigated.
A federal judge has ordered the General Services Administration to re-evaluate bids for its billion-dollar e-travel contract awarded last June.
More than 200 midlevel managers at Lockheed Martin are leaving the company this week with buyouts.
