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Congress Considers Tweaking IT Spending

Client Alert | less than 1 min read | 10.17.16

On October 5, the Senate Finance Committee sent a letter to commercial information technology providers requesting information about “whether federal agencies, to the fullest extent possible, incorporate preexisting, commercial and non-developmental IT solutions into their modernization efforts and if not, the barriers to their doing so.” Noting that the federal government spent about $80 billion on IT in FY 2015, the committee requested “recommendations” sent to ITContracting@finance.senate.gov by November 2, 2016, for how competition for IT contracts could be broadened by increased use of commercial contracting procedures and fixed-price contracts or changes to evaluation criteria and source selection factors.

Insights

Client Alert | 3 min read | 02.10.26

UK FCA Proposes New Sustainability Disclosure Rules for Listed Companies

The UK Financial Conduct Authority (FCA) recently issued consultation paper CP26/5, proposing to replace the existing Task Force on Climate-related Financial Disclosures (TCFD) requirements with new rules mandating listed companies to report against the UK Sustainability Reporting Standards (UK SRS). These are based on the IFRS Sustainability Disclosure Standards developed by the International Sustainability Standards Board (ISSB)....