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Big trends in federal contracting for 2016

January 27, 2016 By Nancy Cleveland

The coming year in the federal contracting market highlights an interesting tension between the opportunities that new technology and big data bring, and the challenges of budget uncertainty and industry consolidation.

Big data and cybersecurity are fundamentally changing the way both agencies and contractors do business.

The landscape is further complicated by agency use of Lowest Priced Technically Acceptable awards and unprecedented merger and acquisition activity.

Cybersecurity spending will continue to climb, but in other areas, Govini predicts continued downward pressure on pure services businesses. [Editor’s Note: Govini is a business intelligence firm that provides a database of government spending and proprietary analytics to companies that sell to the public sector.]

Keep reading this article at: http://www.govexec.com/excellence/promising-practices/2016/01/big-trends-federal-contracting-2016/125230

Filed Under: Contracting Tips Tagged With: big data, budget, contracting opportunities, cyber, cybersecurity, lowest price technically acceptable, LPTA, M&A, mergers & acquisitions, technology

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