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Big trends in federal contracting for 2016

January 27, 2016 By Andrew Smith

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

Top 3 trends from 2014 to influence government contractors in 2015

February 11, 2015 By ei2admin

Federal government contractors, especially those in the manufacturing sector, continue to experience the economic impact of budget cuts, decreased federal spending, and increased regulatory requirements.

Nonetheless, the federal government continues to be one of the largest consumers in the country, spending more than $500 billion annually on procuring goods and services.

Here is a summary of the key trends in government contracting in the areas of cybersecurity and privacy, mergers and acquisitions, and bid protests from 2014 and how they are likely to impact government contractors in 2015.

Keep reading this article at: http://www.mondaq.com/article.asp?articleid=369514

Filed Under: Contracting Tips Tagged With: bid protest, cybersecurity, federal contracts, M&A, manuafacturing, mergers & acquisitions

Government contractor profits continue to rise

March 24, 2014 By ei2admin

While the federal contracting industry is by no means recovered, the future looks a good deal brighter than it did just a few months ago.

The two-year budget agreement has partially mitigated the impact of sequestration and greatly reduced the risk of a government shutdown. The agreement brought some stability and predictability to a market that has been starved of both for several years.

Each year, Deltek conducts a Clarity study assessing critical business metrics in the government contracting industry, such as growth rates and profit margins, plus operating metrics and trends, in areas such as business development, program management and financial operations.

The early results reflect the improved outlook resulting from the budget resolution. Yet, as one would expect, certain financial metrics — such as profits, mergers and acquisitions and win rates — reflect the difficult year that was 2013.

Keep reading this article at: http://www.washingtonpost.com/business/capitalbusiness/deltek-contractor-profits-continue-to-rise/2014/03/14/e2f0ffc0-a8ab-11e3-8d62-419db477a0e6_story.html 

Filed Under: Contracting News Tagged With: business development, efficiency, M&A, profits, sequestration

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