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You are here: Home / Government Contracting News / Feds buy back USASpending website after contractor bankruptcy

October 15, 2014 By AMK

Feds buy back USASpending website after contractor bankruptcy

The government procured its own spending transparency website and the primary data system behind it on the same day last month the contract to manage the systems was set to expire, new documents show.

The move frees up previously contested federal contracting data, which will facilitate increased competition for future contracts, according to outside observers and the General Services Administration.

It’s unclear if the purchase became necessary to keep the site running or if the opportunity arose as a result of Global Computer Enterprises, Inc.’s financial instability, which led to a bankruptcy filing last month.

Keep reading this article at: http://www.nextgov.com/big-data/2014/10/feds-buy-back-usaspending-website-after-contractor-bankruptcy/96251/

Filed Under: Government Contracting News Tagged With: competition, FPDS, GSA, public information, sole source, Treasury Dept., USASpending

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