Call to change how agencies rate contractor performance rises to new level

Let’s start out with this basic truism: No one likes the current approach to rating contractor performance.

Neither the agency contracting officers nor program managers, and not the vendors who sometimes wait three to six months after the contract is complete to get a mostly meaningless “satisfactory” rating.

The data itself lacks value and transparency.

And, to be honest, it seems to have become another checklist activity for many agencies.

A new survey by GovConRx and the Office of Federal Procurement Policy shows, once again, just how little value there is in the current approach to contractor performance assessment ratings (CPARs).

“One of the facts that we heard back was how many agencies still aren’t doing CPARs or certainly not on time,” said Ken Susskind, founder and CEO of GovConRx in an interview. “It was interesting to hear back from industry about not getting CPARs rating because in the end

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Office real estate market will get back to pre-Covid level, in 2025: Cushman & Wakefield

  • The coronavirus hit to office space will surpass the financial crisis, with a net loss of up to 95 million square feet of unoccupied real estate from Q2 2020 to Q3 2021, according to a new forecast from Cushman & Wakefield.
  • The steepest level of vacancies will occur in the U.S., Canada and European countries in the coming years at a net negative level of over 200 million square feet.
  • The number of permanent remote workers, and hybrid workers, will increase over time, but population and economic growth, as well as concentration in knowledge-based work, should lead to a full recovery in the next decade.

Office vacancies won’t return to pre-Covid level until 2025: Study

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The coronavirus remote work experiment will become a permanent trend, but at some point, employees will return to the office in numbers that match the past. When? It could take

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Next Level Energy Inc.’s ‘Eagle Energy’ Brand Approved for Sale in Dubai through New Distributor Alliance

VANCOUVER, BC, Sept. 23, 2020 /PRNewswire/ — Next Level Energy Inc.—makers of Eagle Energy natural caffeine supplements—has finalized a new distributor alliance with Ilsiyara Energy Drinks for the United Arab Emirates, including a retail roll-out in Dubai starting November 2020.

“Given Dubai is the distribution gateway to the Middle East, this is a game-changer for Eagle Energy’s international sales growth,” declared Founder, CEO Elliot Mashford. “We have worked closely with our new distribution partners at Ilsiyara on regulatory approvals through the Abu Dhabi Department of Economic Development and are on track to go live in retail this November.

“The goal is to focus on building the brand in Dubai with the intent to exhibit at the World Expo 2021 Dubai UAE and expand in the Middle East from there,” continued Mashford. “This is a pivotal step towards Eagle Energy’s global expansion and revenue diversification strategy.”

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New home sales surge to highest level since before the Great Recession

The numbers: Sales of new single-family homes in August exceeded an annual rate of 1 million for the first time since 2006, as buyers were forced into the market for newly-constructed properties thanks to the dearth of home listings.

New home sales occurred at a seasonally-adjusted, annual rate of 1.011 million, the Census Bureau reported Thursday. That represents a 4.8% increase from an upwardly-revised pace of 965,000 homes in July. Compared with last year, new home sales are up 43%.

Economists polled by MarketWatch had expected home sales to drop to median pace of 900,000.

What happened: Not all parts of the country saw an uptick in sales despite the historically high rate nationally. New home sales fell 21.4% in the Midwest and 1.7% in the West. Comparatively, the South saw the biggest increase in sales with a 13.4% jump, while sales volumes rose by 5% in the Northeast.

The

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New home sales surge to highest level since before the Great Recession, as buyers are pushed into the new construction market

The numbers: Sales of new single-family homes in August exceeded an annual rate of 1 million for the first time since 2006, as buyers were forced into the market for newly-constructed properties thanks to the dearth of home listings.

New home sales occurred at a seasonally-adjusted, annual rate of 1.011 million, the Census Bureau reported Thursday. That represents a 4.8% increase from an upwardly-revised pace of 965,000 homes in July. Compared with last year, new home sales are up 43%.

Economists polled by MarketWatch had expected home sales to drop to median pace of 900,000.

What happened: Not all parts of the country saw an uptick in sales despite the historically high rate nationally. New home sales fell 21.4% in the Midwest and 1.7% in the West. Comparatively, the South saw the biggest increase in sales with a 13.4% jump, while sales volumes rose by 5% in the Northeast.

The

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