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Acquisition & Procurement

Joe Jordan: OFPP Receives Strategic Sourcing Ideas

Joe Jordan, administrator of the Office of Federal Procurement Policy, said Wednesday the Strategic Sourcing Leadership Council wants to include more commodities such as information technology and laboratory equipment in strategic sourcing. The SSLC submitted proposals to the OFPP last month on ways to extend the Federal Strategic Sourcing Initiative …

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White House Budget Sets Aside $14B for Submarine and F-35 Development and Procurement

Lockheed Martin Corp.‘s fighter jets and General Dynamics‘ Virginia-class submarine have secured $8.4 billion and $5.4 billion, respectively, in President Barack Obama’s 2014 budget plan, the Washington Business Journal reports. The U.S. President earmarked $166.8 billion of the $526.6 billion budget proposal for weapons development and procurement, which extends funding for …

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China and Russia Agree to Major Arms Deal

During the visit of new President XI Jinping to Russia, China has agreed to purchase four submarines and 24 Su-35 fighter jets from Moscow, according to a UPI article. This is the biggest military arms deal between the two countries in the past decade. The aircraft are meant to reduce pressure on …

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Report: Federal Agencies Saved $300M Via Strategic Sourcing

U.S. General Services Administration Acting Administrator Daniel Tangherlini has said a federal strategic sourcing program has helped agencies save $300 million from the procurement of goods and services, the Washington Business Journal reported. Jill Aitoro writes that Tangherlini told a House subcommittee hearing Tuesday that careful planning helps government offices scout for …

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Govt Awarded $115B In 2012 No-Bid Contracts

The number of no-bid contracts awarded by federal agencies jumped nearly 9 percent between fiscal years 2009 and 2012 as total contract spending decreased 5 percent, the Washington Post reports. Citing government data, Danielle Ivory writes agencies awarded $115.2 billion in no-bid contracts during fiscal 2012 compared to $105.8 billion …

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