Spend Matters Afternoon Coffee

Ah. A $2 billion cosmic ray detector. What deficit?!
NASA Installs Device at Space Station in Long-Sought Quest for Antimatter -- The astronauts aboard the space shuttle Endeavour attached a $2 billion cosmic ray detector to the International Space Station on Thursday, and delighted scientists immediately began detecting "thousands and thousands" of subatomic particles from deep space.

Office space.
Feds Scaling Back Space But Not Procurement -- The federal government, all signs show, is scaling back on its space needs as the budget situation worsens. Another activity, however--procurement of defense, healthcare, finance, commerce and IT services--appears to be stable. For that, the DC-area real estate community can be thankful. Cassidy Turley estimates that federal procurement--that is, these private sector contracts--could generate demand for up to 4.7 million square feet of office space in the region by 2014.

Met to use online Olympic buying tool -- The Metropolitan Police Service is to improve the transparency and accessibility of its contracts after signing up to use an online procurement tool created for the London Olympics.

Japan Utility Head Resigns Over Nuclear Crisis -- The president of the Japanese utility that runs a tsunami-devastated nuclear plant resigned in disgrace Friday after reporting the biggest financial losses in company history, saying he was stepping down to take responsibility for the ongoing crisis.

- Sheena Moore

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