Archives

Posts tagged as ‘LEI


 

New GSA Statements: End in Sight for DUNS Monopoly?


A new procurement announcement from the General Services Administration (GSA) has confirmed that the U.S. federal government is seriously considering a new, open future for the way its contractors and grantees are identified. The end may be in sight for the status quo, in which one company holds a monopoly over contract and grant spending data.

 

Financial Transparency Act Re-introduced


Twenty-eight Members of the House of Representatives, led by Rep. Darrell Issa (R-CA), have reintroduced the Financial Transparency Act (H.R. 1530). If enacted, the Financial Transparency Act would be the nation’s first RegTech law. The bill would modernize the U.S. financial regulatory reporting process from unstructured documents into fully searchable, standardized, and machine-readable data.

 

GSA Asks How to Break DUNS Monopoly


Last Friday, the General Services Administration, which manages the government-wide database of grantees and contractors and which administers the government-wide contract with D&B, released a Request for Information on alternatives to the DUNS Number.