GAO recently released a snapshot of 2018 fiscal year federal spending. Although it is a very high-level review, it provides some interesting information for government contractors. Among the highlights are the fact that federal discretionary spending has increased year over year and competitive contracts are becoming less common among defense agencies. GAO also identified four key high-risk acquisition areas that it is monitoring.
It’s dry stuff, but never fear, we read it for you. Here’s a quick summary of the findings.Continue reading