"There's obviously been a bit of a scandal across the GSA
around expense reporting and, frankly, just spending outside of policy,"
Singh said, referencing the federal agency's 2010 Western Regions Conference
scandal, which resulted in the
resignation of GSA administrator Martha Johnson.
Singh cited the leadership change for the delay. The massive ETS2 travel and
expense management contract, widely expected to be awarded to both Concur and a
joint CWTSatoTravel/Northrop Grumman bid, previously was
targeted for April. If
it indeed does win a portion of the deal, Concur is not expecting revenue from
it until 2014. Meanwhile, Concur on Wednesday reported "exceptionally
strong" March quarter results, including revenue of $108.4 million. That
came in at 28 percent higher than a year earlier, the company's "highest
year-over-year growth rate since the beginning of the recession," CFO
Frank Pelzer said.