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ACQUISITION & CONTRACTING, FEATURED ARTICLES, Industry News, Media Outlet

The Year-End Spending Rush Is On, But It’s Not What It Used to Be

The federal equivalent of Black Friday isn’t what it used to be. Conventional wisdom has it that agencies rush to spend their budgets in the final quarter of the fiscal year, but a new analysis of federal contracting data shows that Q4 spending is declining after years of elevated levels, with more agencies obligating a larger share of funds in the first quarter of the fiscal year.

The analyst report by Arlington, Va.-based business data intelligence firm Govini, “Positioning for 2017: Competitive Outlook in Defense and Civilian Agencies,” attributes the shift in part to greater budget certainty. Govini has a data sharing partnership with Government Executive Media Group.

Source: The Year-End Spending Rush Is On, But It’s Not What It Used to Be – Contracting – GovExec.com

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