Do you work for a cyber company with federal government contracts?
It also could trigger a wave of mergers and acquisitions as competitors expand their in-house capabilities.
Large systems integrators must be aware of some significant changes.
113–291, § 822(b)(1), inserted “appointed or” before “designated” and substituted “section 1702(a) of title 41” for “section 16(a) of the Office of Federal Procurement Policy Act (41 U.
113–291, § 822(b)(2), substituted “section 1702(c) of title 41” for “section 16(c) of the Office of Federal Procurement Policy Act (41 U.
This contract streamlining could mean big changes for the industry.
“Consolidating contracting into fewer contracts will heighten competition,” reads a portion of the Deltek report.
In response to a series of hacks that targeted the contracting industry, the government altered the National Institute of Standards and Technology (NIST) cybersecurity standard.
The revised guideline, 800-171, extends cybersecurity compliance requirements to all government IT contracts.
For purposes of subparagraph (A), savings in administrative or personnel costs alone do not constitute a sufficient justification for a consolidation of contract requirements in a procurement unless the expected total amount of the cost savings, as determined by the senior procurement executive or Chief Acquisition Officer, is expected to be substantial in relation to the total cost of the procurement. 114–92, § 863(c), substituted “The head” for “Subject to paragraph (4), the head” in introductory provisions.
Not later than 7 days after making a determination that an acquisition strategy involving a consolidation of contract requirements is necessary and justified under subparagraph (A), the senior procurement executive or Chief Acquisition Officer shall publish a notice on a public website that such determination has been made.
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