By Amber Goodhand - Breaking Celebrity News News Editor

Giuliana and Bill Rancic have a baby on the way!

The couple's surrogate mother has gone into labor in Colorado and Bill just tweeted his excitement saying, "It's Game Time……"

As Breaking Celebrity News previously reported, Giuliana and Bill began their "baby watch" last Monday when the TV couple flew out to Denver in anticipation of their first child being born.

Giuliana's network, E! News, was first to confirm on Wednesday that the baby is on its way.