The Contracting Education Academy

Contracting Academy Logo
  • Home
  • Training & Education
  • Services
  • Contact Us
You are here: Home / Archives for intent to cancel

March 17, 2014 By AMK

Bidders ‘stunned’ by sudden cancellation of federal contract

The invitation was to bid on a massive, high-stakes contract, estimated to be as high as $5 billion. Dozens of companies went for it, working for months to polish their proposals, then waiting for more than a year to see if they had won.

But instead of granting awards that would be part of the federal government’s largest training and human resources contract, the Office of Personnel Management issued a terse notice earlier this month that weighed in at five words: “This solicitation is hereby cancelled.”

The risk of losing is inherent in the business of federal contracting, but the sudden cancellation of such a high-profile contract with no explanation struck many as an unnecessarily secretive and bad way of doing business. The head of the Professional Services Council, an industry group representing more than 370 companies, fired off a letter saying many companies were “stunned” at the cancellation and the way it was handled.

Keep reading this article at: http://www.washingtonpost.com/business/economy/bidders-stunned-by-sudden-cancellation-of-federal-contract/2014/02/26/65978f12-9f14-11e3-b8d8-94577ff66b28_story.html 

Filed Under: Government Contracting News Tagged With: competition, contract cancellation, IFB, intent to cancel, invitation to bid, OPM, trust

March 1, 2013 By AMK

Federal contractor issues layoff warnings, citing budget uncertainty

European weapons maker BAE Systems reported stronger-than-expected earnings Thursday, after issuing conditional layoff notices to 3,500 shipyard employees in Florida, Hawaii and Virginia, citing uncertainty in the federal budget.

BAE Systems sent the layoff warnings Wednesday to comply with the 1988 Worker Adjustment and Retraining Notification Act, which requires companies with more than 100 employees to issue notices 60 days before mass layoffs or plant closures.

In an email to employees in Mayport, Fla.; Norfolk, Va.; Pearl Harbor, Hawaii; and San Diego, the company said an “intent to cancel” order from the Navy regarding ship maintenance availabilities necessitated the distribution of the notices.

A spokesman for BAE Systems told Government Executive that this round of WARN Act notices were tied to the upcoming expiration of the continuing resolution on March 27, not the budget sequester slated to take effect on March 1.  He said the company was awaiting more information on specific program cuts from sequestration before evaluating possible layoffs.

Keep reading this article at: http://www.govexec.com/contracting/2013/02/federal-contractor-issues-layoff-warnings-citing-budget-uncertainty/61429/?oref=govexec_today_nl 

Filed Under: Government Contracting News Tagged With: budget cuts, contract cancellation, intent to cancel, layoff, sequestration, small business, WARN Act

Popular Topics

abuse acquisition reform acquisition strategy acquisition training acquisition workforce Air Force Army AT&L bid protest budget budget cuts competition cybersecurity DAU DFARS DHS DoD DOJ FAR fraud GAO Georgia Tech GSA GSA Schedule GSA Schedules IG industrial base information technology innovation IT Justice Dept. Navy NDAA OFPP OMB OTA Pentagon procurement reform protest SBA sequestration small business spending technology VA
Contracting Academy Logo
75 Fifth Street, NW, Suite 300
Atlanta, GA 30308
info@ContractingAcademy.gatech.edu
Phone: 404-894-6109
Fax: 404-410-6885

RSS Twitter

Search this Website

Copyright © 2023 · Georgia Tech - Enterprise Innovation Institute