Hope everyone is having a nice Friday.
This week saw some intriguing updates in the government contracting world. For one, GAO released its snapshot on government spending for fiscal year 2019, revealing that discretionary government spending increased about $20 billion versus 2018, going to $586 billion. Otherwise, trends for 2019 were similar to 2018. DOD spending was about 65% of the total, while services across all agencies made up about 60% of spending. More insights are included in the article listed below.
In other news, the CMMC accreditation body will soon release assessor training requirements, SBA has an online MBA program for veteran small business owners, and Oklahoma contractors will pay a $2.8 million settlement for False Claims allegations involving fraudulent small business set-aside contracts.
- The new House coronavirus relief bill has billions for defense contractors hidden in it. [businessinsider]
- CMMC accreditation body close to releasing assessor training requirements. [federalnewsnetwork]
- Braithwaite sworn in as new Navy secretary after months of leadership tumult. [federalnewsnetwork]
- SBA VETRN Streetwise MBA Program to Provide Virtual Training for Veteran Small Business Owners; Larry Stubblefield Quoted. [executivegov]
- Federal procurement spending up $120B since 2015. [federalnewsnetwork]
- Oklahoma Contractors to Pay $2.8 Million to Settle False Claims Act Allegations Concerning Fraudulently Obtained Small Business Contracts. [justice.gov]