Government contracting trends that defined fiscal 2019, such as increases in “as a service” and IT consolidation, are likely to continue into FY20.  But several new programs and initiatives are likely to shape the contracting landscape in FY20.

A new report from contract analysts at Bloomberg Government released Jan. 7 broke down these areas likely to mold government contracting trends in 2020:

Best-in-class: IT consolidation

Federal agencies using best-in-class (BIC) contracts, designated by the Office of Management and Budget as a preferred solution, grew to nearly 40 programs in FY19, the BGOV analysis found.  That accounted for $40 billion in spending.

As contracting moves in 2020, BGOV expects that spending on BIC contracts will rise, particularly on IT contracts.

“Federal agencies are facing pressure from the White House Office of Management and Budget to shift IT investments from stand-alone contracts to designated BICs as part of its category management strategy,” the analysts wrote.

Continue reading at:  Federal Times