federal contracting
This week in federal contracting

Because several government agencies are feeling the effects of the uncertain federal budget and looming cuts, government contractor roles are becoming increasingly important. With priorities constantly shifting and budget dollars always in flux, it’s crucial for those in the federal contracting world to stay up to date on the latest developments related their respective government agencies. For these reasons, ARServices is compiling a regular roundup of pertinent federal contracting industry news.

Here are some of the important headlines and articles about federal contracting in the past week:

2016 SBA Scorecard Includes Ups, Downs, Impact of Overseas Contracts
For the fourth year in a row, the federal government has exceeded its small business contracting goals with 24 percent of its contracting dollars going to small businesses. Small Business Administration official credit these strong numbers to “more data-driven analysis, and goals that better reflect the procurement abilities of each agency.” That said, there is still room for improvement with regards to achieving the goals set for historically underutilized business zones (HUBZones) and Women-Owned Small Businesses (WOSBs).
Read the whole story here.

Why Government Services Firms are Setting Up Remote IT Shops
In an effort to cut costs without affecting the level of customer service, many government service providers are establishing remote IT support centers. This trend is common practice in the private sector and public sector counterparts are quickly adopting the strategy. With decreased infrastructure and overhead costs, government service firms can more efficiently utilize their budget to serve their customers.
Read the whole story here.

Trump’s Budget Takes Aim at Federal Retirement
The new administration’s budget proposal boasts nearly $150B in savings over the next 10 years, but at the core of those savings are severely reduced federal employee benefits. This could make employee retention and attracting future talent difficult. Additionally, the unrest among full-time federal employees could result in an increase in federal contracting deals.
Read the whole story here. 

Contractors Have Increased Confidence in the Government Market
A recent survey from Onvia revealed that the 2017 Government Contractor Confidence Index (GCCI) reached a new record high at 135.8, a five percent increase rom 2016. Contractors are showing an increase in expectations for sales growth for the public sector in 2017-18. This could be a result of the uncertainties among federal agencies related to the new administration and budget.
Read the whole story here.

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