Government Contracts news and trends

LA Metro Vendor Dispute Highlights Public Contract Challenges
B2B Payments // August 12, 2019

A dispute between Los Angeles County officials and a major bus supplier is shedding light on the challenges of government contracts with vendors that require base pay for that supplier’s staff. Reports in The New York Times on Friday (Aug. 9) said the Los Angeles...

Bitcoin Daily: Brazil Debuts Blockchain Solution For Gov’t Bids; BitFunder CEO Gets 14 Months For...
Cryptocurrency // July 14, 2019

The Brazilian state of Bahia has rolled out a blockchain application to monitor the public bidding process of contracts with the government, Cointelegraph reported. Design and Cayenne Technology reportedly created the Online Bid Solution (SOL), which is said to be a technology based on the...

Legislation Bows To Curb US Government Late Payments
B2B Payments // April 22, 2019

In the wake of the government shutdown, several U.S. lawmakers unveil legislation aimed at getting government contractors paid in a timely manner. In addition, Canada struggles with its own late payment challenges, which hits gig workers and the smallest firms, according to a new Interac study.

In UK, Cabinet Warns Suppliers Of Bans Over Late Payments
B2B Payments // April 08, 2019

Public contractors get a warning in the United Kingdom that late payments to suppliers and subcontractors could get them banned from public works once new rules debut in the Fall.  Xero finds a number of smaller firms are cash flow negative in the past year...

Quick Reads
Bitcoin Daily: Brazil Debuts Blockchain Solution For Gov’t Bids; BitFunder CEO Gets 14 Months For...

July 14, 2019
The Brazilian state of Bahia has rolled out a blockchain application to monitor the public bidding process of contracts with the government, Cointelegraph reported. Design and Cayenne Technology reportedly created the Online Bid Solution (SOL), which is said to be a technology based on the blockchain. It is meant to link agriculture organizations with workers […]

Google CEO, Trump Discuss Gov’t Cooperation

March 28, 2019
Google CEO Sundar Pichai met with President Donald Trump on Wednesday (March 27) to discuss the tech company’s dealings with the U.S. government. “I just met with Sundar Pichai, president...