SmartContracting Daily Intel for Sept. 24, 2012

Happy Monday! In today's news...

Washington Post/Capital Business: Compensation rises in the Washington region in 2012

http://wapo.st/Om6qqO

Government Executive: Bum Contractors Get the Boot

http://bit.ly/Uzkoa8

Federal Times: Sequestration would mean tens of thousands of furloughs

http://bit.ly/UrJW4p

Federal News Radio: Before leaving town, Senate passes continuing resolution

http://bit.ly/Om6xmg

Federal News Radio: DoD applies tighter scrutiny to business IT spending

http://bit.ly/Q2cXSB

Washington Business Journal: Pentagon does not see big cancelation fees from cuts

http://bit.ly/RXJtp8

The Hill: Defend our veterans at home like they defend us abroad 

http://bit.ly/Om6CX6

PSC Recalculates Sequestration Impact

Based on the House passage of the first continuing resolution (CR) for fiscal year 2013, PSC has recalculated the estimated annualized effect of sequestration on both the Defense Department and civilian agencies if sequestration happens on January 2, 2013. Our previous calculations are available here for comparison. 

For DoD, at the major account levels, PSC now estimates that the reduction in each “program, project and activity” will be 10.1 percent.

For the civilian agencies, at the appropriations act level, the reduction would be 8.2 percent. 

For more information about the impacts of sequestration, visit PSC's Sequestration Preparation page. 

SmartContracting Daily Intel for Sept. 18, 2012

In today's news...

Government Executive: Contractor suspensions and debarments on the rise, says White House

http://bit.ly/PPEtpK

FCW: DOD officials cautiously tout progress in financial management reform

http://bit.ly/QXDdk7

FCW: OFPP lets DOD deal with pricing complexities first

http://bit.ly/OBNzSO

Washington Post: Lockheed unveils memorial for contractors

http://wapo.st/QzHtUQ

Washington Post: Freeze extension among last pieces of Hill business

http://wapo.st/S34T9j

FCW: Former top DOD officials skewer Congress over sequestration

http://bit.ly/OCZ41Z

Reuters: Pentagon needs more details to evaluate BAE-EADS merger: Donley

http://reut.rs/PwXco4

Federal News Radio: Obama administration a mix of successes and failures

http://bit.ly/SZPLuQ

SmartContracting Daily Intel for Sept. 13, 2012

In today's news...

Washington Business Journal: DoD misinterprets and misapplies contractor rate cap 

http://bit.ly/PdXO24

Federal News Radio: DoD works to institutionalize contracting lessons from Iraq, Afghanistan

http://bit.ly/SHEXkT

Washington Post: General Services Administration is making surplus revenue on federal contracts

http://wapo.st/QXpbf3

Washington Post: House set to pass spending plan to fund government through March

http://wapo.st/QIq7qR

Federal Times: White House issues veto threat of sequestration bill

http://bit.ly/Qm5e2M

Politico: Defense firms detail looming losses

http://politi.co/QQTGbS

NPR: Software, Not Just Bullets, Puts Military At Odds

http://n.pr/UOrCET

PSC Estimates Sequestration Impact on Civilian Agencies

Since the Congress and the president have agreed to start fiscal year 2013 funding with a six month continuing resolution (CR), the fiscal year 2012 enacted levels will likely serve as the basis for determining the application of the sequestration reductions to each federal agency if it takes effect on January 2, 2013.

PSC has prepared a chart that shows our best estimate of the effect of sequestration on the top line funding for the major civilian agencies under a CR, based on the fiscal year 2012 enacted levels. It is important to note that the Budget Control Act exempts all Veterans Affairs Department programs but we have excluded the VA entirely from our sequestration calculation, even though some VA civilian agency personnel and other VA spending could be subject to sequestration. 

Earlier this month, we provided a similar analysis of the estimated effect of sequestration on the major accounts in the Department of Defense. 

Find out more about sequestration, including the latest news, on PSC's sequestration page. 

SmartContracting Daily Intel for July 25, 2012

Washington Business Journal: IT sales drag down earnings for defense contractors

http://bit.ly/MmkJpu

Federal News Radio: In Depth interviews - July 24: Stan Soloway discusses face-to-face meeting with Defense Secretary

http://bit.ly/LOiie7

Washingon Business Journal: What to know about the budget as the fiscal year end nears

http://bit.ly/NXLyAx

Federal Contracts Report: Boehner Says GOP Will Push CR To Head Off ‘Shutdown’ Battle in Fall (subscription required)

http://bit.ly/NJRsqG

Washington Business Journal: The high price of transparency in contracting

http://bit.ly/NJRq20

FAQs About The Implications of a Government Shutdown for Industry

There are no dumb questions, only smart contractors. This is especially true when it comes to questions about a potential government shutdown. The more questions you ask, and the sooner you ask them, the better. Below are some frequently asked questions, which we tried to answer at our recent event exploring the implications of a shutdown on government contractors.