Federal contractors must now prove they have no conflicts of interest
What happened
The US government is tightening rules for federal contractors. Companies bidding on government work will now have to show they do not have conflicts of interest.
Why it matters
For years, companies could win government contracts even if they also advised the government on the same projects. This meant they could help write the rules, then profit from them. These new rules aim to stop that. It will force companies to choose between advising the government or bidding on the work.
The signal
Watch for the first few major contract awards under these new rules to see if any large companies are disqualified or forced to restructure their bids.