Posts Tagged ‘goods and services’

TLP: If You Time Your Shopping Right, You Can Get Those Appetizer Samples

TLP: If You Time Your Shopping Right, You Can Get Those Appetizer Samples

Courtesy of Jr. Deputy Accountant 

government purchasing

Here’s a project for the federal government that cost-conscious consumers have figured out how to manage without any prodding other than from their own budgets: get a Costco or Sam’s Club membership.

The Washington Post:

Agencies will be encouraged to use "blanket purchase agreements," getting savings for taxpayers by banding together to buy things in bulk, purchasing officials said at a hearing of the Senate’s subcommittee on contracting oversight.

Under new acquisition guidelines, government purchasing officials have established 12 new acquisition procedures that will apply to every agency. They could save about $200 million in the next four years, according to officials at the Office of Management and Budget.

The federal government spends more than $500 billion a year buying goods and services. With that kind of purchasing power, said Sen. Scott Brown (Mass.), the subcommittee’s ranking Republican, "you expect to get a break and get the best bang for your dollar. The federal government should be receiving the best prices in the marketplace, but unfortunately that’s rarely the case," he said.

Daniel Gordon, head of the Office of Federal Procurement Policy, said the handling of interagency contracts has improved, but he agreed with some of the criticism leveled by lawmakers. "We have much more work to do in terms of leveraging the government’s buying power," he said.

A study released in April by the Government Accountability Office found little oversight and accountability on about $60 billion worth of interagency contracts that many agencies use.

The auditors raised concerns about duplication, noting that "many of the same vendors provided similar products and services on multiple contracts." They said that the problem led to cost increases for "both the vendor and the government" and resulted in "missed opportunities to leverage the government’s buying power." 

Can it really matter if the drones at HUD have the same desks and file cabinets as their counterparts at Interior or Defense? And everybody loves a good deal on Post-It Notes. 


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Phil's Favorites

'The US is falling apart': How Russian media is portraying the US Capitol siege

 

'The US is falling apart': How Russian media is portraying the US Capitol siege

A news host reports on former President Donald Trump during a broadcast on RT, formerly known as Russia Today, a state-funded TV network. Misha Friedman/Getty Images

Courtesy of Lena Surzhko Harned, Penn State

The storming of the U.S. Capitol on Jan. 6, which was Christmas Eve for Eastern Orthodox Christians, was a perfect holiday gift for Russian politicians and state-controlled Russian m...



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Zero Hedge

Elon Musk Now Wants To Drill For Natural Gas In Texas

Courtesy of ZeroHedge View original post here.

Just months after Elon Musk moved his climate-change-fighting, alternative energy, "green" automaker to Texas, the CEO now has plans to drill for natural gas.

Multiple sources reported on Friday that Musk's SpaceX intends on drilling wells close to the company's Boca Chica launchpad, according to the Dallas News. The information came out Friday during a hearing before the Railroad Commission of Texas, the state’s energy regulat...



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Kimble Charting Solutions

Bitcoin Parabolic Rally Reversal Faces Big Support Test!

Courtesy of Chris Kimble

One of the biggest breakouts of 2020 came by way of Bitcoin. And it was epic.

The coronavirus crash saw the cryptocurrency retest its 2018 lows before rocketing higher in parabolic fashion.

Did Bitcoin Peak? What’s Next?

Today we examine a “weekly” chart of Bitcoin, highlighting its parabolic rally… and recent reversal lower.

The rally in Bitcoin surged all the way to the 361% Fibonacci extension level at (1) before creating the largest bearish reversal in years.

In just a few weeks time, Bitcoin is testing its 261% Fibonacci level near 31,000 at (2). This is a big test of support for the cryptocurrency. A “weekl...



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ValueWalk

Hybrid Electric Vehicles: A Stay of Execution for NiMH Batteries

By Jacob Wolinsky. Originally published at ValueWalk.

Hybrid Electric Vehicles: A Stay of Execution for NiMH Batteries, Explores IDTechEx

Q4 2020 hedge fund letters, conferences and more

NiMH Batteries Are Still Commonly Used

When we talk about battery-electric vehicles, the lithium-ion battery is dominant; however, for full hybrid electric vehicles (those that have electric-only modes but do not plug-in), NiMH batteries are still the most common battery on the road. With the growing market for hybrid electric vehicles (HEVs), will this drive further demand for NiMH batteries and stop them from being eliminated from the automotive market?...



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Chart School

RTT browsing latest..

Courtesy of Read the Ticker

Please review a collection of WWW browsing results. The information here is delayed by a few months, members get the most recent content.



Date Found: Saturday, 11 July 2020, 05:26:16 PM

Click for popup. Clear your browser cache if image is not showing.


Comment: This is lack of liquidity means support is likely to break if it is tested hard!



Date Found: Saturday, 11 July 2020, 09:51:58 PM

Click for popup. Clear your browser cache if image is not showing.


Comment: Nasdaq losing momentum.



Da...

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Politics

What is the 'boogaloo' and who are the rioters who stormed the Capitol? 5 essential reads

 

What is the 'boogaloo' and who are the rioters who stormed the Capitol? 5 essential reads

Rioters mass on the U.S. Capitol steps on Jan. 6. Samuel Corum/Getty Images

Courtesy of Jeff Inglis, The Conversation

In the wake of the insurrection on Jan. 6, the U.S. is bracing for the possibility of additional violent demonstrations and potential riots at the U.S. Capitol and state capitol buildings around the nation. W...



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Biotech/COVID-19

The simple reason West Virginia leads the nation in vaccinating nursing home residents

 

The simple reason West Virginia leads the nation in vaccinating nursing home residents

By mid-January, only about a quarter of the COVID-19 vaccines distributed for U.S. nursing homes through the federal program had reached people’s arms. Paul Bersebach/MediaNews Group/Orange County Register via Getty Images

Courtesy of Tinglong Dai, Johns Hopkins University School of Nursing

The urgency of vaccinating nursing home residents is evident in the numbers. The COVID-19 pandemic has claimed the lives of mo...



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Mapping The Market

The Countries With The Most COVID-19 Cases

 

The Countries With The Most COVID-19 Cases

By Martin Armstrong, Statista, Jan 12, 2021

This regularly updated infographic keeps track of the countries with the most confirmed Covid-19 cases. The United States is still at the top of the list, with a total now exceeding the 22 million mark, according to Johns Hopkins University figures. The total global figure is now over 85 million, while there have been more than 1.9 million deaths.

You will find more infographics at ...



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Digital Currencies

Bitcoin: why the price has exploded - and where it goes from here

 

Bitcoin: why the price has exploded – and where it goes from here

B is for blast-off (but also bubble). 3DJustincase

Courtesy of Andrew Urquhart, University of Reading

Bitcoin achieved a remarkable rise in 2020 in spite of many things that would normally make investors wary, including US-China tensions, Brexit and, of course, an international pandemic. From a year-low on the daily charts of US$4,748 (£3,490) in the middle of March as pandemic fears took hold, bitcoin rose to ju...



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The Technical Traders

Adaptive Fibonacci Price Modeling System Suggests Market Peak May Be Near

Courtesy of Technical Traders

Our Adaptive Fibonacci Price Modeling system is suggesting a moderate price peak may be already setting up in the NASDAQ while the Dow Jones, S&P500, and Transportation Index continue to rally beyond the projected Fibonacci Price Expansion Levels.  This indicates that capital may be shifting away from the already lofty Technology sector and into Basic Materials, Financials, Energy, Consumer Staples, Utilities, as well as other sectors.

This type of a structural market shift indicates a move away from speculation and towards Blue Chip returns. It suggests traders and investors are expecting the US consumer to come back strong (or at least hold up the market at...



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Lee's Free Thinking

Texas, Florida, Arizona, Georgia - The Branch COVIDIANS Are Still Burning Down the House

 

Texas, Florida, Arizona, Georgia – The Branch COVIDIANS Are Still Burning Down the House

Courtesy of Lee Adler, WallStreetExaminer 

The numbers of new cases in some of the hardest hit COVID19 states have started to plateau, or even decline, over the past few days. A few pundits have noted it and concluded that it was a hopeful sign. 

Is it real or is something else going on? Like a restriction in the numbers of tests, or simply the inability to test enough, or are some people simply giving up on getting tested? Because as we all know from our dear leader, the less testing, the less...



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Insider Scoop

Economic Data Scheduled For Friday

Courtesy of Benzinga

  • Data on nonfarm payrolls and unemployment rate for March will be released at 8:30 a.m. ET.
  • US Services Purchasing Managers' Index for March is scheduled for release at 9:45 a.m. ET.
  • The ISM's non-manufacturing index for March will be released at 10:00 a.m. ET.
  • The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.
...

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Promotions

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Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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