Brian Flood

2 days ago | news.bloombergtax.com | Daniel Seiden |Brian Flood

The US Department of Homeland Security terminated for convenience Leidos Inc.'s $2.4 billion cybersecurity services contract issued under the Agile Cybersecurity Technical Security solicitation, a government status report says. The termination follows Nightwing Intelligence Solutions LLC’s protest of the seven-year contract award, alleging Leidos won the contract with “insider information” provided by a former DHS employee.

1 week ago | news.bloombergtax.com | Daniel Seiden |Brian Flood

The FBI reasonably awarded Trilogy Innovations Inc. a $93 million task order to provide digital and information technology services to the Criminal Justice Information Services Division in West Virginia, the GAO said in a decision released Friday. Protester Fusion Technology LLC didn’t show show that the FBI erred by concluding that its $74 million bid price was unrealistically low and posed a high risk to the government, the Government Accountability Office said.

2 weeks ago | news.bloombergtax.com | Brian Flood

Deloitte & Touche LLP is finalizing the details of a class settlement agreement with investors in a failed nuclear reactor project in South Carolina, according to a federal court filing. The amount of the settlement will be announced by about mid-June, the parties told the US District Court for the District of South Carolina on Tuesday.

2 weeks ago | news.bloomberglaw.com | John Woolley |Brian Flood

A group of Oregon business owners clashed with the government over whether to pause their challenge to the Corporate Transparency Act, claiming the US is seeking to indefinitely delay and strategically moot the case.

3 weeks ago | news.bloombergtax.com | Jacklyn Wille |Brian Flood |Carmen Castro-Pagan

Cornell University employees will get another chance to challenge their retirement plan’s service provider arrangement after the US Supreme Court took a worker-friendly view of ERISA’s prohibited transaction rules. The justices’ unanimous opinion makes it easier for workers to successfully argue that retirement plan service provider arrangements violate the Employee Retirement Income Security Act’s prohibited transaction rules.