“The fourth quarter spending surge is upon us, and it appears the federal acquisition community isn’t just focused on getting money out the door, but request for proposals, too.”
“Agencies are expected to spend $194 billion between now and Sept. 30, according to Bloomberg Government. Departments will spend a big chunk of that total on technology — $28 billion — and on professional services — $32 billion…”
“Given how much money has to get out the door, BGov said, “Most agencies may give preference to schedules, governmentwide acquisition contracts, set-asides and sole-source contracts in the fourth quarter.”
“For instance, NASA said agency customers’ fourth quarter spending…” Read the full article here.
Source: Agencies expected to spend almost $200B on acquisition in Q4 2020 – By Jason Miller, July 14, 2020. Federal News Network.
