Browsing: Professional Services Council

More contractors see decline in federal revenue

1

For the first time in a long time, more federal contractors reported decreases in their government contracting revenue last fiscal year than those who saw increases, according to a Grant Thornton survey of about 100 contractors. Thirty-eight percent of contractors suffered reductions in revenue over the past year, compared with 36 percent that saw revenue increases and 26 percent that experienced no significant change, according to the annual Government Contractor Survey released last week. Professional Services Council sponsored the survey. “This year’s survey shows more revenue shrinkage than growth and a plunge in net profit, with the majority of contractors…

2012 Greater Washington GovCon awards announced

1

Elliott Branch, the Navy’s deputy assistant secretary for acquisition and procurement, has been named Public Sector Partner of the Year as part of the 10th Annual Greater Washington Government Contractor Awards, the Fairfax County Chamber of Commerce, Professional Services Council and Washington Technology announced Friday. The award honors “the leadership, innovation and commitment to excellence of the individuals and businesses in the region’s government contracting sector,” the group said in a news release. The awardees helped government contracting and acquisition officials execute a myriad of missions at home and abroad, PSC President Stan Soloway said during a gala honoring award recipients Thursday night. “These partnerships…

PSC still worried about defense insourcing

2

Stan Soloway and Alan Chvotkin over at the Professional Services Council expressed their displeasure with Defense Department insourcing efforts in a May letter to Defense Secretary Robert Gates. Recent congressional attention to the issue hasn’t done much to assuage their concerns. In a conference call with reporters this morning to discuss the Senate and House versions of the 2011 defense authorization bill, Soloway and Chvotkin said PSC supports an amendment by Rep. Jim Langevin that would prohibit DoD from setting quotas for its insourcing efforts. However, two other amendments passed by the House seem to conflict with the Langevin amendment,…