US-China phase one trade deal won’t lead to ‘economic nirvana,’ Larry Summers says

CNBC | November 06, 2019

The so-called phase one trade deal that the U.S. and China are expected to sign won’t solve all the problems the global economy faces right now, former U.S. Treasury Secretary Larry Summers said Wednesday. U.S. President Donald Trump said both countries were looking for a location to sign the partial deal — which according to Reuters, could take place this month. That development has fueled recent optimism in financial markets.

Spotlight

A high quality transportation network is vital to a top performing economy. Investments by previous generations of Americans – from the Erie Canal in 1807, to the Transcontinental Railroad in 1869, to the Interstate Highway System in the 1950s and 1960s – were instrumental in putting the country on a path for sustained economic growth, productivity increases, an unrivaled national market for good and services, and international competitiveness.

Spotlight

A high quality transportation network is vital to a top performing economy. Investments by previous generations of Americans – from the Erie Canal in 1807, to the Transcontinental Railroad in 1869, to the Interstate Highway System in the 1950s and 1960s – were instrumental in putting the country on a path for sustained economic growth, productivity increases, an unrivaled national market for good and services, and international competitiveness.

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GOVERNMENT BUSINESS

Endo Announces Fill-Finish Manufacturing Agreement with U.S. Government to Support Production of Critical Medicines

Endo | November 20, 2021

Endo International plc today announced that its subsidiary, Par Sterile Products, LLC (Par Sterile), has entered into a cooperative agreement to expand its sterile fill-finish manufacturing production capacity and capabilities at its Rochester, Michigan plant to support the U.S. government's national defense efforts regarding production of critical medicines advancing pandemic preparation. Under the terms of the agreement, Par Sterile's Rochester facility will establish a new sterile fill-finish manufacturing asset capable of processing liquid or lyophilized products requiring Biosafety Level (BSL) 2 containment. It will also provide expanded product inspection and packaging capacity as well as sterile fill-finish manufacturing services to the U.S. Government. Under the terms of the agreement, the U.S. government will fund approximately $90 million of the program's total expected cost of approximately $120 million. "Endo strives to be a force for good, and we are proud to partner with the U.S. government in its efforts to expand and accelerate domestic manufacturing in support of future pandemic preparedness. This collaboration underscores our longstanding history as a U.S. manufacturer of high-quality medicines." Blaise Coleman, President and CEO of Endo The agreement is a result of efforts defined under the Defense Production Act to address vulnerabilities in critical product supply chains and strengthen the advancement of manufacturing and on-shoring of domestic essential medicines production. The Department of Defense's Joint Program Executive Office for Chemical, Biological, Radiological and Nuclear Defense (JPEO-CBRND) Joint Assisted Acquisition team in partnership with Army Contracting Command– Aberdeen Proving Ground (ACC - APG) – COVID Response are the awarding and administering acquisition offices. This work was supported by the ACC - APG – COVID Response, under the authority of 31 U.S.C. 6305 pursuant to Section 3101 of the American Rescue Plan Act (Public Law 117-2) and Title III of the Defense Production Act of 1950 (50 U.S.C. 4533) under Award No. W58P05-22-2-0001. Opinions, interpretations, conclusions and recommendations are those of the author and are not necessarily endorsed by the JPEO-CBRND or ACC – APG – COVID Response. About Endo Endo is a specialty pharmaceutical company committed to helping everyone we serve live their best life through the delivery of quality, life-enhancing therapies. Our decades of proven success come from passionate team members around the globe collaborating to bring the best treatments forward. Together, we boldly transform insights into treatments benefiting those who need them, when they need them.

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GOVERNMENT BUSINESS

Carahsoft and Coupa Collaborate to Deliver Spend Management Solutions to the Public Sector

Carahsoft | September 24, 2021

Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced a strategic partnership agreement with Coupa, a leader in Spend Management. Under the agreement, Coupa’s Spend Management platform will be available to the public sector through Carahsoft’s NASA Solutions for Enterprise-Wide Procurement (SEWP) V contracts, Information Technology Enterprise Solutions – Software 2 (ITES-SW2), OMNIA Partners, as well as through Carahsoft’s network of reseller partners. “With a significant opportunity in the public sector, building the right strategic partnerships to accelerate innovations, growth and customer value are key. We are excited to work with Carahsoft to accelerate the value that Coupa delivers in the public sector.” Rob Glenn, Executive Vice President for Global Sales at Coupa Coupa has been supporting a growing list of federal entities such as the US Postal Service by enabling these organizations to gain visibility and control over their spend to increase efficiency and reduce risk. With Coupa, organizations can leverage a single, intuitive user interface for their transactional spend activities across procurement, invoicing, expense reporting, and pay. Coupa further leverages this transactional core to enable additional critical processes across spend analysis, supply chain planning and design, strategic sourcing, inventory management, contract management, contingent workforce management, suppliers and risk, and treasury management. Coupa’s unified Spend Management platform has been designed to support the unique needs of public sector agencies. In addition to Coupa Spend Management for federal being FedRAMP in process, Coupa offers open public sourcing events, expense reporting and management, and supplier classification for millions of suppliers to identify minority, veteran, or women-owned businesses. Additionally, Coupa can help agencies reduce supply chain disruptions to ensure resources are deployed to help public sector agencies fulfill their mission. “Spend management is critical to improving procurement architecture and monitoring expenses is crucial to an agency’s success,” said Harjeet Khalsa, Carahsoft Manager who leads the Coupa relationship. “In order for agencies to effectively manage their spend, they must have full visibility over their transactional activities to maintain control of their purchases. We look forward to working with Coupa and our reseller partners to provide the public sector with a cloud-based all-in-one platform that enables agencies to better manage resources across regions, driving improved adherence to budgets.” Coupa’s platform is now available through Carahsoft’s SEWP V contracts NNG15SC03B and NNG15SC27B, ITES-SW2 Contract W52P1J-20-D-0042 and OMNIA Partners Contract #R191902. About Carahsoft Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Cybersecurity, MultiCloud, DevSecOps, Big Data, Artificial Intelligence, Open Source, Customer Experience and Engagement, and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles.

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NexTech’s InfernoAR Video Conferencing Platform Expands Sales to USA Government Contracts

NexTech AR Solutions | October 01, 2020

NexTech AR Solutions, an emerging leader in augmented reality for eCommerce, AR learning applications, and AR-enhanced video conferencing and virtual events is pleased to announce it’s InfernoAR video conference platform is now entering the USA and international government contract sales channels of NCAGE, GSA, with the aim of landing large government agency contracts both in the USA and internationally. Nextech’s recently acquired wholly owned subsidiary Jolokia Corporation, now InfernoAR, has a registered NCAGE Code for doing business with international governments, NATO Commercial and Government agencies globally. It also has been GSA approved which opens the door to Multiple Award Schedules (MAS) and Federal Supply Schedules which are long-term governmentwide contracts.

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