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Jason Giulietti Wed, 06/23/2021 - 6:17pm
Business
Wednesday, June 23, 2021
We’ve said often that economic development is a team sport. When it comes to showing off our region to major decision-makers, that absolutely is the case once again.
The Greater San Marcos Partnership (GSMP) recently hosted five of the best site selectors from around the country during our 2021 Texas Innovation Corridor Familiarization Tour. This tour, which is done annually, shows in-demand consultants why our footprint is a high-quality place to do business. It builds relationships that bring better projects and develops authenticity that becomes a resounding testament for companies looking to expand or relocate to our region.
By Lauren C. Williams
May 26, 2021
A recent watchdog report provides a glimpse into how the Defense Department spent emergency pandemic funds.
In the much-redacted report, the DOD s Office of Inspector General reviewed six key awards totaling $207 million in contracts and found that officials complied with federal acquisition regulations and other authorities when funding existing contracts and new technology investment agreements with $1 billion allocated in the CARES Act for purchases and contractor payments under the Defense Production Act.
The Pentagon assigned $213 million of this for medical supplies and $687 million to offset financial setbacks experienced by defense industrial base contractors as a result of the COVID-19 pandemic.
By Lauren C. Williams
A recent watchdog report provides a glimpse into how the Defense Department spent emergency pandemic funds.
In the much-redacted report, the DOD s Office of Inspector General reviewed six key awards totaling $207 million in contracts and found that officials complied with federal acquisition regulations and other authorities when funding existing contracts and new technology investment agreements with $1 billion allocated in the CARES Act for purchases and contractor payments under the Defense Production Act.
The Pentagon assigned $213 million of this for medical supplies and $687 million to offset financial setbacks experienced by defense industrial base contractors as a result of the COVID-19 pandemic.