Friday, October 11, 2024

Nextgov: What Does Another Continuing Resolution Mean for Federal Contractors?

“Members of the contracting community laid out the various workforce and operational challenges associated with short-term funding measures ahead of a Thursday night Senate vote on a continuing resolution. This latest CR – the third for fiscal 2022 – funds the government through March 11. On Friday afternoon, the White House announced that President Biden had signed it.

‘Of course, ideally, a normal budget process under regular order would be ideal, as the CR carries with it certain challenges, like the cap on spending and the limitation on new starts,’ Roger Waldron, president of the Coalition for Government Procurement, told Government Executive on Thursday. ‘Still, a CR extension provides all sides time to collaborate on a mutually beneficial spending agreement.’…”

“With a continuing resolution ‘a real issue that we have to look at not only on contractors, but on government operations itself, you know, the one we know most about is no new starts and its corollary, which is no stopping of anything old, which is often just as wasteful as not starting the new things, real dampening effect on innovation, technology advancement, and so on,’ David Berteau, PSC president and CEO, told Federal Drive last month. ‘But I think there’s a far more insidious impact, and that is the impact on delaying contract awards, even if the funding is available from prior year appropriations or under the continuing resolution.’

During a briefing on Wednesday, White House Press Secretary Jen Psaki was asked when Biden will send his budget proposal for fiscal 2023 to Congress. Psaki said she didn’t have a date, but noted that Shalanda Young, acting director of the Office of Management and Budget, recently told lawmakers it would come after the State of the Union, which is March 1…” Read the full article here.

Source: What Does Another Continuing Resolution Mean for Federal Contractors? – By Courtney Bublé, February 18, 2022. Nextgov.

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Jackie Gilbert
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.

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