IBM's Eligibility for Federal Government Procurement Contracts Reinstated
Posted on: Friday, 4 April 2008, 09:00 CDT
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.
Source: Business Wire
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