logo
ATCC Secures OASIS+ Multi-Agency Contract Vehicle from GSA

ATCC Secures OASIS+ Multi-Agency Contract Vehicle from GSA

Business Wire24-06-2025
MANASSAS, Va.--(BUSINESS WIRE)-- ATCC, the world's premier biological materials management and standards organization, today announced that it has secured the One Acquisition Solution for Integrated Services (OASIS+) Multi-Agency Contract (MAC) through the U.S. General Services Administration (GSA). OASIS+ is the largest government-wide multiple-award program that provides a suite of professional services via six distinct Indefinite Delivery, Indefinite Quantity (IDIQ) contracts for various sizes and types of small businesses. Under this program (number 47QRCA23R0006), ATCC will have a five-year, unrestricted contract, with the option of a five-year extension.
'The OASIS+ contract reaffirms ATCC's commitment to supplying the Federal government's scientific community with essential biomaterials, services and data to support the global research enterprise,' said ATCC president and CEO Ruth Cheng, PhD. 'With this contracting vehicle, we will have greater visibility to special opportunities, ensuring that we have the chance to compete for and potentially work on more mission-critical projects with various Federal agencies.'
At any time during the upcoming 10 years, new services may be added to this contract to support procurement requirements for all Federal agencies. Contract scope is organized by domains or functional groupings of related services, which currently include management and advisory, technical and engineering, research and development, intelligence services, environmental facilities, logistics, and enterprise solutions. Contractors are thoroughly vetted to participate in OASIS+, which has been designated as a best-in-class contract by the Office of Management and Budget making it a preferred government-wide solution. OASIS+ is flexible, easy to use and allows ordering activities to solicit and/or award orders in a streamlined, high-quality manner.
'For ATCC, OASIS+ is an amazing business development tool that allows us to facilitate the contracting process directly with the government in a more efficient and timely manner,' said Rebecca Bradford, MBA, MS, PMP, senior vice president of Government Programs for ATCC Federal Solutions. 'It is a win-win for both us and the Federal agencies that can now work through OASIS+ to issue a request for proposal to a pool of highly skilled and vetted contractors.'
About ATCC
ATCC is a premier global biological materials and information resource and standards organization and the leading developer and supplier of authenticated cell lines, microorganisms, and associated data for academia, industry, and government. With a history of scientific contributions spanning more than a century, ATCC offers an unmatched combination of being the world's largest and most diverse collection of biological reference materials and data, and is a mission-driven, trusted partner that supports and encourages scientific collaboration. ATCC products, services, partnerships, and people provide the global scientific community with credible, advanced model systems to support complex research and innovations in basic science, drug discovery, translational medicine, and public health. ATCC is a 501(c)3 nonprofit organization headquartered in Manassas, Virginia, with research and technology centers of excellence in Gaithersburg and Germantown, Maryland.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Crypto Rally Stalls as Dogecoin Tanks and Bitcoin Tests Key Support: Analysis
Crypto Rally Stalls as Dogecoin Tanks and Bitcoin Tests Key Support: Analysis

Yahoo

timean hour ago

  • Yahoo

Crypto Rally Stalls as Dogecoin Tanks and Bitcoin Tests Key Support: Analysis

There are two kinds of people in the crypto world: those who think Bitcoin is volatile, and those who trade meme coins. Sure, Bitcoin is down 3% today, but it's barely budged over the last week—moving just 2% in the last seven days, after gaining almost 5% in the last 30 days. It's the sort of sideways action that makes degens yawn. But for those who want never-ending drama, there's always meme coins. Dogecoin is the worst-performing coin in the top 10 by market cap, dropping 8% in the last week after gaining 20% over the last 30 days. And if you think that's rough, take a look down further on the top 100: Bonk is down more than 20% over the last seven days while Pepe has sunk 12%. It puts the Bitcoin movements into perspective. And speaking of which: The broader market context shows traditional risk assets under pressure as analysts wait to assess whether recent U.S. tariffs on select imports strengthen the U.S. dollar or increase inflation as those burdens are absorbed by the general population. Also, the Federal Reserve's decision to maintain rates at 4.25%-4.5% has created a wait-and-see environment that's particularly harsh on high-beta crypto assets. So what do the charts have to say about BTC? Bitcoin price: A triangle pattern tested Bitcoin's 3.5% decline to below $114,000 puts the coin below a technical support that could signal deeper corrections ahead. Selling intensified after Bitcoin broke below the $118,859 support level, accelerating downward pressure toward the next support at $112,000. BTC bears appear to be intent on pushing the price below the resistance of the symmetrical triangle pattern in place since last month. Over on Myriad, a prediction market developed by Decrypt's parent company Dastan, traders remain bullish, with users placing the odds that BTC hits $125K before dipping back down to $105K at 55%. But those odds are on the way down, dropping from 70% just yesterday. Overall, though, the weekly chart shows what traders would interpret as fairly strong bullish momentum, but the pattern may seem a bit concerning. The Relative Strength Index, or RSI, for Bitcoin sits at 63, which typically indicates healthy bullish momentum. But the recent decline from overbought territory above 70 shows selling pressure is building. RSI measures how market a market might be, from 0 to 100, and usually, 63 points alone means there's room for more bullish days without reaching overbought territory. However, when RSI drops from high levels like this, it often signals that the preceding rally is losing steam and traders should prepare for potential mean reversion or at least a correction inside the overall bullish trend. The Average Directional Index, or ADX, for Bitcoin stands at 28, which for traders would confirm strong trend strength. But, again, the readings are down a bit from previous weeks. ADX measures trend strength regardless of direction. While the strong trend indicator supported Bitcoin's rally above $100,000, the same trend strength that powered the upside can amplify moves to the downside once key support levels break. Traders often see ADX above 25 as confirmation that whatever direction the market chooses, it's likely to continue with conviction. In other words, don't expect a massive dump, but volatility after all this compression period would not be unexpected. Bitcoin's Exponential Moving Averages, or EMAs, tell a more complex story. EMA measures the average price of an asset over a set period of time. Bitcoin's 50-day EMA remains above the 200-day EMA, maintaining the technically bullish configuration that has supported Bitcoin's long-term uptrend. Also, the gap between the two is, at least for now, expanding—and this is good for long term hodlers, a technically minded trader would say. Key Levels: Immediate support: $110,000 (psychological level and major accumulation zone) Immediate resistance: $118,859 (23.6% Fibonacci retracement) Strong resistance: $122,000 (previous all-time high area) XRP continues its sideways drift XRP's 6.08% decline to $3.04 continues to reflect the coin's struggle to break out of its recent trading range, despite positive regulatory developments earlier in the year. The technical picture shows a market stuck in neutral after an extremely accelerated jump over the last year. The RSI reading of 61 places XRP in a balanced zone with a bullish tilt—not oversold enough to trigger buying interest, but not overbought enough to justify taking profits. This reading typically suggests that the asset is fairly valued at current levels, but also indicates a lack of strong directional conviction from traders. More telling is the Average Directional Index reading of just 21, which falls below the crucial 25 threshold that confirms trend establishment. When ADX readings stay below 25, it typically indicates that an asset is range-bound rather than trending. For XRP, this suggests the recent price action is more about consolidation than the beginning of a new directional move. That said, the Squeeze Momentum Indicator shows a contradicting view. (It's not unusual for two technical analysis indicators to contradict each other.) Based on the readings, there is no squeeze in play and the movement is still bullish and stable. To balance these views, and depending on how long you want to hold the coin, traders may opt to analyze shorter-term charts. This helps spot earlier switches in the trend. The moving average configuration provides some comfort for bulls, with the 50-day EMA still trading above the 200-day EMA. However, the narrow gap between these averages indicates that this bullish setup is fragile and could reverse if selling pressure intensifies. Key Levels: Immediate support: $2.90 (recent consolidation low) Strong support: $2.50 (major psychological level) Immediate resistance: $3.30 (recent rejection area) Strong resistance: $3.70 (multi-month high) Dogecoin praying for bulls Dogecoin's brutal 8% plunge to just above $0.20 is the most severe decline among major cryptocurrencies and highlights the vulnerability of meme coins in the current market environment. The technical picture has deteriorated significantly, with bearish indicators flashing warning signs across multiple timeframes. The RSI reading of 50 sits exactly at the neutral midpoint, which might seem balanced but actually represents a loss of bullish momentum. For a meme coin like DOGE that relies heavily on retail enthusiasm and social media buzz, an RSI reading that's neither oversold nor overbought often indicates waning interest rather than equilibrium. Perhaps most troubling is the Average Directional Index reading of just 16, well below the 25 threshold that confirms trend strength. Low ADX readings after a significant decline often indicate that selling pressure isn't strong enough to drive further downside, but it also means buying interest is insufficient to support a recovery. The Squeeze Momentum Indicator shows "on" status, suggesting that volatility compression is building. Up until now, the coin has maintained a bullish support since June hinting at a bullish double bottom movement. However, prices ended this week just testing that zone once again. If next week remains bearish, then such a pattern may be considered a false signal and $0.15 could be again a support to test. If there's a recovery, then the double bottom remains valid, the support remains in play, and a path towards $0.30 remains possible in the medium term Key Levels: Immediate support: $0.20 (psychological level and current test) Strong support: $0.18 (major support from previous consolidation) Immediate resistance: $0.22 (broken support turned resistance) Strong resistance: $0.26 (major resistance area throughout the year) The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

UnitedHealth Group Announces Changes to Leadership Team
UnitedHealth Group Announces Changes to Leadership Team

Yahoo

time6 hours ago

  • Yahoo

UnitedHealth Group Announces Changes to Leadership Team

July 31, 2025--(BUSINESS WIRE)--UnitedHealth Group (NYSE: UNH) today announced Wayne S. DeVeydt has been appointed its chief financial officer, effective September 2, 2025. John F. Rex, who joined the company in 2012 and has been CFO since 2016, will become strategic advisor to the CEO on the same date. "Wayne DeVeydt combines deep financial acumen and operating experience with the mission-oriented and compassionate approach to health care that is a perfect fit for UnitedHealth Group," said Stephen J. Hemsley, company chairman and chief executive officer. "John Rex has been an exceptional leader, having helped guide our company through substantial change with both strategic vision and strong commitment to our mission," said Hemsley. "I look forward to his continued insights as UnitedHealth Group moves forward." DeVeydt, 55, most recently has been a managing director and operating partner at Bain Capital, working with client leaders on operational improvement and growth acceleration. From 2018-2020, he was chairman and CEO of Surgery Partners, Inc. in Nashville, expanding the operational scale and financial performance of the surgical services firm. He joined Anthem, Inc. (now Elevance) in 2005 and served as its chief financial officer from 2007 to 2016. Prior to joining Anthem, DeVeydt served as a partner with PricewaterhouseCoopers LLP, with a focus on the health care sector. "There is no organization besides UnitedHealth Group that presents the kinds of opportunities to make a difference in health care, from individual patient care to broad system efficiency, so I am eagerly looking forward to joining the team," said DeVeydt. "I've been fortunate to know John Rex for over two decades and am honored to follow a leader of his caliber." Rex, 63, joined UnitedHealth Group as chief financial officer of the company's then newly established Optum business and previously had spent his career focused in health care across multiple roles and sectors. "This pivotal moment for UnitedHealth Group is the right time for a new yet greatly experienced executive like Wayne DeVeydt, and I look forward to supporting him and the entire leadership team while continuing to advise on a range of matters," said Rex. About UnitedHealth Group UnitedHealth Group is a health care and well-being company with a mission to help people live healthier lives and help make the health system work better for everyone through two distinct and complementary businesses. Optum delivers care aided by technology and data, empowering people, partners and providers with the guidance and tools they need to achieve better health. UnitedHealthcare offers a full range of health benefits, enabling affordable coverage, simplifying the health care experience and delivering access to high-quality care. Visit UnitedHealth Group at and follow UnitedHealth Group on LinkedIn. View source version on Contacts Media: uhgmedia@ UnitedHealth Group Media Sign in to access your portfolio

Common reasons why mortgage applications get denied
Common reasons why mortgage applications get denied

Yahoo

time8 hours ago

  • Yahoo

Common reasons why mortgage applications get denied

Key takeaways Mortgage underwriting is often an automated process. Software decides whether you are approved, rejected or asked for additional information. Credit score is the most important factor in determining mortgage approval, but your income and debt levels, as well as the size of the loan vs. the home's value, are also major factors. If your mortgage application has been denied, consider taking time to work on your financials or applying for a different type of mortgage. Shop Top Mortgage Rates Personalized rates in minutes A quicker path to financial freedom Your Path to Homeownership For borrowers in today's expensive housing market, getting approved for a mortgage can be a challenge. Mortgage rates have soared from pandemic-era lows, and home sale prices are at record highs, while price appreciation is outpacing wage growth. Under these circumstances, it's no surprise that mortgage denials are increasing. An average of more than 20 percent of mortgage applications were rejected in 2024, an increase of more than 8 percentage points over the previous year, according to the Federal Reserve Bank of New York. Here are some of the common reasons your mortgage application could be denied — and what you can do about it. How does mortgage underwriting work? Mortgage underwriting is the process by which a lender verifies and analyzes your financial information — including bank statements, W-2s and other tax documents, as well as recent pay stubs — so that it may make a decision about your application. In most cases, a loan officer or mortgage broker performs this analysis using an underwriting software system. Loans that will be sold to Fannie Mae, for example, use Desktop Underwriter (DU), while loans sold to Freddie Mac leverage Loan Product Advisor (LPA). The software determines whether you're either approved, rejected or asked for additional information — without much in the way of human judgment. Fannie Mae and Freddie Mac are government-sponsored enterprises that interface with lenders to keep the mortgage market stable. Between them, they buy or back about two-thirds of all U.S. home loans. Automated underwriting, as it's officially called, became the norm as part of the reforms to the mortgage financing world developed after the 2007–09 mortgage meltdown. 'Prior to the crisis, there was more leeway,' says Bill Banfield, chief business officer at Rocket Mortgage. 'Now, most of that subjectivity is gone.' Keep in mind: Beyond your approval or denial, the main thing the lender decides during underwriting is your mortgage's interest rate. They also use underwriting to determine how much to charge you in fees. Reasons for mortgage denial 'There are a thousand potential questions Fannie [or Freddie] could return,' says David Aach, chief operating officer at Blue Sage Solutions, a mortgage technology firm. 'That's the nightmare of the underwriting process.' Here are some of the more common reasons underwriters reject mortgages. 1. You have credit issues Your credit score is the single most important factor in determining whether you get approved for a mortgage and your mortgage rate. Generally, the best deals go to borrowers with credit scores of 740 or above. Before applying for a mortgage, check your credit score and credit report and dispute any errors. If your credit score is low, try to boost it before you apply. And if your credit is already good, make sure to keep it that way. Try not to miss any payments, max out a credit card or apply for other new credit. Keep in mind that, while many mortgages require a credit score of at least 620, you can qualify for an FHA loan backed by the Federal Housing Administration with a score as low as 500. And if you don't have a credit score at all, some lenders offer alternative credit scoring methods, such as analyzing your bank deposits. In fact, in January 2025, Fannie Mae released a new update to DU in support of 'increasing access to credit for populations such as those with limited or no credit histories.' Learn more: Improve your credit score for a mortgage 2. You have an income shortfall Your debt-to-income (DTI) ratio — the portion of your gross (pre-tax) monthly income spent on repaying regular obligations — signals to lenders whether you're in a position to take on an additional major debt. Most conventional lenders require a DTI of less than 43 percent, though some will accept up to 50 percent if your financial profile is strong otherwise. There are two main ways to improve your DTI: paying off existing debt or increasing your income. Ideally, your payment obligations should take up about one-third of your income or less. Choosing a longer loan term — for example, a 30-year mortgage instead of a 15-year mortgage — will also lower your monthly payment and could increase your chances of approval. Keep in mind that underwriting software is designed for workers who receive W-2s. If you're self-employed, even if your earnings are high, you may be penalized for having irregular income or using alternative documentation — or for using the common strategy of maximizing tax write-offs. 'Self-employed people know what they make, but they don't know what an underwriter is looking for,' says Tom Hutchens, president at Angel Oak, a lender specializing in non-qualified mortgage (QM) loans. 'They might be fully approved, but then an underwriter looks at the tax returns' and sees that '$10,000 a month might become $5,000 a month in income.' Learn more: How to get a mortgage when you're self-employed 3. Your loan-to-value (LTV) ratio is too high Lenders also look at your prospective mortgage balance vis-à-vis the value of the home you're buying — something called the loan-to-value (LTV) ratio. The bigger your down payment, the less you borrow, and the lower your LTV. Generally speaking, the lower your LTV, the better. For instance, if you're buying a $400,000 house with a down payment of $80,000, your LTV is a comfortable 80 percent. But if you're putting down $20,000 and financing the remaining $380,000, the LTV is 95 percent. There are many low-down-payment mortgages these days, including government-backed and conventional options. And if you think a higher down payment would boost your application, look into down payment assistance. Every state has these programs, especially for first-time buyers. Learn more: Your guide to 3-percent-down mortgages 4. You're trying to finance an out-of-favor property Not all homes are created equal, as far as lenders are concerned. The traditional, detached, single-family residence still rules, and you may run into trouble financing an alternative. Condos are one example. In response to the June 2021 collapse of an oceanfront tower near Miami, Fannie and Freddie rolled out new rules covering condo loans. The giant mortgage market-makers have decided not to finance some buildings that have low reserves, need repairs or are facing lawsuits. Critics say the stricter reviews are causing condo sales to fall apart, even in buildings with no structural issues. Manufactured homes can also be challenging to finance. And if appraisers or inspectors find a structural flaw or other issue with the home itself — no matter what type of structure it is — that can slow the approval, or even kill it. 5. Your home appraisal comes in low Before a lender finances your home purchase, it wants to ensure that the property is worth what you're planning to pay for it. That's why lenders typically require an appraisal during the underwriting process. If that appraiser determines that the property is worth less than the mortgage you've applied for, you have what's called an appraisal gap. A lender won't agree to lend you more than it believes a home is worth. If you can identify errors in the appraisal, you may be able to get it redone — but if there's still a gap, and you still want the property, you'll need to make up the difference in cash. 6. Something recently changed in your financial life The lending process prizes financial stability and predictability. Unfortunately, a recent job change or period of unemployment can throw a wrench in your approval. A short employment history or interruption in earnings sends warning signals to the software, too. Unusual activity in your bank account can be another issue. Large, unusual deposits might indicate you borrowed money for your down payment — which you may need to repay along with your mortgage. If you got money from relatives to help you buy a house, make sure to submit a gift letter as part of your application. 7. You don't meet the loan program's requirements Different types of loans come with different specifications. If you want an FHA loan, for example, your home price can't exceed the loan limit applicable to your location. In 2025, that's $524,225 in most areas. The house also needs to pass a special type of appraisal that reviews the property's condition. Similarly, loans backed by the VA and the USDA have their own unique requirements. On top of all of this, lenders generally have their own proprietary guidelines. Failing to meet any of them can lead to your mortgage application being denied. 8. You're missing information on your application Make sure to fill out the mortgage application in its entirety. If it's incomplete — or if there are errors, such as a missing digit — the underwriting software might discard your application, resulting in an automated rejection. How to get a mortgage after your application is denied Take heart: If you are denied a mortgage, there are workarounds to many of these issues. Generally speaking, government-backed loans — such as FHA or VA loans — have more flexible requirements and are a good fit for borrowers with lower credit scores or little cash for down payments. If you have a unique income situation, such as owning a business with unsteady cash flow, you might apply for a non-QM loan. These come with more flexible credit criteria and income requirements than conventional loans. Manual underwriting The vast majority of conforming loans — those eligible to be bought by Fannie and Freddie — are decided via automatic underwriting, but some loans are still reviewed by a human. Lenders often do manual underwriting when an application would likely be denied through an automated system, or if the borrower has some unusual circumstances but is otherwise qualified. Certain types of mortgages, like jumbo loans and non-QM loans, are more likely to be manually underwritten. But you can request it for any mortgage if you believe your particular situation will not be fully understood by the software. Be prepared to supply additional paperwork — financial statements reaching farther back, for example — and for a longer process. Bear in mind that, even with a manual underwriter, your loan still has to conform to specific requirements. FAQ How long do underwriters take to approve a mortgage? It depends on the lender, the tools they use and how quickly you provided the required information. On average, it takes about 42 days to close a new-purchase mortgage, according to ICE Mortgage Technology, How worried should I be about underwriting? Not very. Take steps before you approach lenders — like paying down other debts and improving your credit score — and you should feel confident when applying. If you're still nervous, you can explore prequalification before you seek preapproval. This is a less stringent process that can give you an idea of where you stand. What are some things I should not do during underwriting? To avoid having your mortgage application declined, do two things. First, don't make any financial changes. Keep paying your bills on time and don't open any new loans or lines of credit. Second, stay responsive. The lender might ask for additional information. If you don't provide it in a timely manner, it can lead to denial. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store