The U.K.’s Crown Commercial Service (CCS) announced that Britain’s biggest construction company Balfour Beatty would be hired, even though it was among major construction firms that were recently punished for failing to pay suppliers on time, according to The Construction Index. Balfour Beatty was suspended...
U.S. suppliers are growing more vocal about what they have said are lengthy payment terms from government customers in Saudi Arabia, recent reports in The Wall Street Journal (WSJ) said. The publication reported on Thursday (Jan. 31) that defense contractor General Dynamics claimed Saudi Arabia has more than...
Government procurement can bolster the strength of local small businesses (SMBs), and provide an example for technology adoption in areas such as eInvoicing and electronic payments. Increasingly, though, experts are identifying government procurement as an instrumental component of promoting cybersecurity for the public and private...
The record-breaking government shutdown is at the center of debate, largely for its impact on unpaid government workers. However, reports in Bloomberg point to another community struggling to get paid as a result: government contractors. More than 1 million government suppliers are reportedly forced to wait...
August 24, 2023
ProPricer has added a cash flow management tool to its cost proposal solution for government contractors and federal agencies. By seamlessly integrating with the ProPricer Contractor Edition platform, the new Cash Flow Pro tool empowers contractors to gain comprehensive cash flow insights, streamline reporting processes and enhance compliance measures, the company said in a Thursday (Aug. 24) press […]
November 08, 2018
Amazon’s plans to split its second regional headquarters between two cities could lead to an intense rivalry with U.S. defense firms. It’s been reported that the eCommerce giant might be...
