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Article: Working a federal case: information-technology firms should work with agents, brokers and insurers to help understand the unique exposures of doing contract work for the federal government.(INSURANCE)
- Article from:
- Risk & Insurance
- Article date:
- October 1, 2006
- Author:
CopyrightCOPYRIGHT 2006 Axon Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Information technology is integral to the U.S. government's delivery of services to people and businesses throughout the world. In today's post-Sept. 11, 2001, environment, expenditures on security and national defense--two areas that rely heavily on information technology--comprise an even larger percentage of the federal budget.
Also, the federal government is increasingly reliant on private-sector contractors that have specialized knowledge to meet its needs. It is no surprise, then, that the federal government is the world's largest purchaser of IT products and services, ranging from over-the-counter software to highly specialized and often classified ...