NEWS
By Lorraine Mirabella | October 8, 2009
Ciena Corp.'s offer to acquire Nortel Networks Corp.'s optical networking business for $521 million would create the largest maker of network equipment in North America and position the technology company to compete more effectively on a global scale, experts said Wednesday. Ciena, based in Linthicum, said Wednesday it has signed agreements to pay $390 million in cash and 10 million shares of Ciena common stock, valued at $131 million based on Tuesday's closing price, to acquire Toronto-based Nortel's optical networking and carrier Ethernet assets in North America, Latin America, the Caribbean and Asia.
NEWS
By Laura Smitherman | September 5, 2009
The manufacturer of Maryland's medevac helicopters is protesting the state's effort to replace the aging fleet, alleging that the bidding process favors another company and would add to the program's cost. State officials have budgeted more than $50 million to buy new helicopters, and bids from manufacturers were due last month. American Eurocopter has filed a formal protest with the state Department of Transportation, which is overseeing the procurement of the aircraft, and wrote a letter to Gov. Martin O'Malley.
NEWS
By Kent Baker | April 11, 2009
A year ago as the professional indoor soccer championship game approached, Blast officials and fans were fuming. This year they were beaming. Simply put, a change of venue made a world of difference to everyone. Saturday night, when the Blast hosts the Rockford (Ill.) Rampage at 1st Mariner Arena for the National Indoor Soccer League title, the biggest event of the indoor season is finally where they believe it belongs - at the home of the top seed and regular-season champion. That was not the case in 2008 when the Major Indoor Soccer League held its finale in Milwaukee (which had won a bidding process)
NEWS
By Laura Smitherman and Gadi Dechter | February 6, 2009
Maryland Senate President Thomas V. Mike Miller called on a slots commission yesterday to consider tossing out all bids submitted to build casinos around the state and starting over. The startling suggestion from a powerful lawmaker underscores frustration in Annapolis with the outcome of this week's bidding process, which resulted in six proposals to install fewer than half of the 15,000 slot machines authorized by voters last fall. Two of six bidders failed to put up more than $20 million in required licensing fees.
NEWS
By Gadi Dechter | February 2, 2009
As they prepare to open bids for slots licenses today, Maryland officials are casting a wary eye on Kansas, hoping that recent history will not be repeated. In Kansas, two gambling development companies won the rights to build "destination casinos" near Kansas City and in the southeastern part of the state - projects that the state was relying on for an economic boost. But in the face of the recession, the companies have withdrawn their bids, leaving Kansas officials hanging, and delaying the flow of gambling dollars.
NEWS
By Annie Linskey | October 9, 2008
Baltimore's Board of Estimates awarded a $4 million contract for the Uplands redevelopment yesterday to a firm that did not meet city women- and minority-owned business guidelines, passing over two firms that followed the city's policies and causing some elected leaders to ask whether the decision compromises the honesty of Baltimore's bidding process. "It changes the rules," said City Comptroller Joan M. Pratt. "It appears that we don't want to give it to the person who followed all the rules.
NEWS
By Julie Scharper and Justin Fenton | August 13, 2008
Anne Arundel County did not err in awarding a $10.8 million artificial turf contract to a politically connected landscaping company with no experience working with turf despite "deficiencies" in the firm's bid, according to an audit released yesterday. But the report criticized the county for signing contracts with a second company, AmDyne Inc., to oversee the bidding process and supervise the construction, saying that the deals were made outside county guidelines. County auditor Teresa Sutherland also found that the director of central services, Fred Schram, spoke on his county-issued cell phone 15 times to the president of the winning company, Sunny Acres Landscaping Inc., before, during and after the bidding process.
NEWS
By Matthew Dolan | October 4, 2007
GREENBELT -- A former private security company executive admitted yesterday that he bribed a government official to secure $130 million in contracts as part of what federal authorities call one of the largest public corruption operations ever prosecuted in Maryland. Michael B. Holiday, 50, of Silver Spring pleaded guilty in U.S. District Court in Greenbelt to bribery and tax evasion in connection with rigging three federal government contracts awarded to his Montgomery County company for private security guards at federal buildings in California and Maryland.
NEWS
By Jeff Zrebiec | November 1, 2006
The high-stakes bidding for Japanese pitching star Daisuke Matsuzaka could begin as early as today, though the Orioles still haven't decided whether to be a part of it. The Orioles have gotten great reports on Matsuzaka and are interested in the 26-year-old right-hander, who was 17-5 with a 2.13 ERA for the Seibu Lions this past season and was the Most Valuable Player of the inaugural World Baseball Classic. However, the pitcher's price tag - the cost to earn just the right to negotiate with Matsuzaka could be more than $30 million - has certainly made the Orioles' decision whether to get involved in the process a difficult one. "We are considering putting in a bid," said executive vice president Mike Flanagan, declining to offer any more details.
NEWS
By ANDREW A. GREEN | May 24, 2006
Public Service Commission Chairman Kenneth D. Schisler offered yesterday to provide a confidential briefing to key legislators who have raised questions about the bidding process that resulted in the pending 72 percent increase in BGE electric bills. Schisler made the offer to Senate President Thomas V. Mike Miller and House Speaker Michael E. Busch in response to questions they sent last week to officials at BGE and its corporate parent, Constellation Energy Group. Schisler said he wanted to assure them that the bidding process that resulted in the higher rates was fair and designed to produce the lowest possible prices for consumers.