This briefing covers active market intelligence, regulatory guidelines, and tactical capture recommendations for federal and defense contractors pursuing opportunities in this procurement classification.
The government spent $14.5 billion less in fiscal 2014 than it did the previous year, despite an increase in overall federal spending, says a June 1 report by Bloomberg Government.
Of the top 200 government contractors using federal contracting dollars, 78 companies declined from fiscal 2013, including 5 of the top 10. The report says much of decline came from the shrinking Defense Department budget, which peaked in 2010.
The other 122 companies in the report’s top 200 increased their government obligations despite the overall contracting decline.
The report says the most successful contractors were moving into technology markets, including both services and equipment, or facility services, which experienced less budget pressure in fiscal 2014.
Also, multiple-award contracts, or MACs, were a key to success for many vendors because agencies are continuing the shift from single-award contracts to bundled awards.
Federal procurement through MACs totaled $115 billion in fiscal 2014. That’s more than a quarter of all prime contract spending.
And while that’s a decline from fiscal 2013, the decrease was concentrated in the DoD.
Civilian agencies actually increased their MAC spending in fiscal 2014, the report says.
Read more: Report: Government cuts contracting spend by more than $14B in fiscal 2014
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