What interests me about this story is not the length of the suspension, but
the timing of it.  How much business between IBM and the government was
scheduled to close on March 31?  What means did the government agencies and
IBM take to insure that "done" deals were actually done perhaps even today
after the lifting of the suspension?  Will this be a big enough story to
actually affect IBM earning for the first quarter 2008?

I have a lot of questions, but not a clue as to the answers.

Tom Moulder

-----Original Message-----
From: IBM Mainframe Discussion List [mailto:[EMAIL PROTECTED] On Behalf
Of Richards, Robert B.
Sent: Friday, April 04, 2008 9:40 AM
To: [email protected]
Subject: IBM's Eligibility For Federal Government Procurement Contracts
Reinstated

http://www-03.ibm.com/press/us/en/pressrelease/23814.wss

 

ARMONK, N.Y. - 04 Apr 2008: IBM (NYSE: IBM) announced today an agreement
with the Environmental Protection Agency (EPA) to terminate the
temporary suspension order barring IBM from participating in new Federal
government business. 

Effective immediately, IBM will resume participating in new business
with all federal agencies -- ending a suspension that began March 27,
2008. 

IBM will continue to cooperate with the EPA's ongoing investigation of
possible violations of the Procurement Integrity provisions of the
Office of Federal Procurement Policy Act regarding a bid for business
with the EPA, and with a related investigation by the U.S. Attorney's
Office for the Eastern District of Virginia.

 

Bob


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