Topic: #procurement
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Trump threatens to ban Canadian firms from US federal contracts
President Trump announced plans to remove Canadian-origin products from US federal procurement on September 9, prompting sharp declines in shares of major Canadian contractors including Bombardier, CGI, and WSP Global.
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Chainalysis sues DHS over sole-source TRM Labs contract
Blockchain analytics firm Chainalysis filed suit in the US Court of Federal Claims, alleging the Department of Homeland Security and ICE bypassed competitive bidding to award a sole-source contract to rival TRM Labs. The lawsuit could reshape federal procurement standards for blockchain analytics tools.