Georgia Tech Procurement Assistance Center

  • Home
  • About Us
  • Training
    • Class Registration
    • On-demand Training
    • GTPAC COVID-19 Resource Page
    • Cybersecurity
    • Veterans Verification Video
    • GTPAC Community
    • Other Training Audio & Video
  • Useful Links
  • Team Directory
    • Albany Counselor
    • Atlanta Counselors
    • Augusta Counselor
    • Carrollton Counselor
    • Columbus Counselor
    • Gainesville Counselor
    • Savannah Counselor
    • Warner Robins Counselor
  • Directions
    • Atlanta – Training Facility
    • Atlanta – Office
    • Albany
    • Augusta
    • Carrollton
    • Columbus
    • Gainesville
    • Savannah
    • Warner Robins
  • COVID-19
  • New Client Application
  • Contact Us

How much are agencies spending on new contracts?

May 25, 2017 By Andrew Smith

The federal government rarely seeks truly innovative solutions when it bids out new contracts, according to a report released on May 16th.

Federal market research and analysis firm Nation Analytics’ “Government Services Competitive Intelligence Report” examined 246 task orders and contracts for federal services—each worth $50 million or more—awarded across the federal landscape in fiscal 2016. It includes federal service acquisitions, such as IT, professional services and operations and maintenance of facilities, but not one-time acquisitions such as weapons systems or construction projects.

Only 35 contracts of those contracts were for new requirements, according to the report. Agencies spent the other $49 billion, or 90 percent of the federal services spend, on the recompetition of work already being performed by existing contractors.

Keep reading this article at: http://www.nextgov.com/cio-briefing/2017/05/how-much-are-agencies-spending-new-contracts/137899

Filed Under: Contracting News Tagged With: existing contracts, federal contracts, incumbent, new contracts, spending

Recent Posts

  • Podcast: Buy American executive order and recent changes
  • Podcast: Contractors say they’re seeing a resurgence of LPTA procurements
  • Reminder: If pricing is too high, VA “rule of two” might not apply
  • CPARS challenges: No appeals without contracting officer claim
  • GAO: In “best value” procurement agency has wide discretion to pay price premium

Popular Topics

8(a) abuse Army bid protest budget budget cuts certification construction contract awards contracting opportunities cybersecurity DoD DOJ False Claims Act FAR federal contracting federal contracts fraud GAO Georgia Tech government contracting government contract training government trends GSA GSA Schedule GTPAC HUBZone innovation IT Justice Dept. marketing NDAA OMB SBA SDVOSB set-aside small business small business goals spending subcontracting technology VA veteran owned business VOSB wosb

Contracting News

Podcast: Contractors say they’re seeing a resurgence of LPTA procurements

CPARS challenges: No appeals without contracting officer claim

GAO: In “best value” procurement agency has wide discretion to pay price premium

Contractor settles fraud claims related to 8(a) joint venture

Senator: Pandemic makes anti-fraud law more important than ever

Read More

Contracting Tips

Podcast: Buy American executive order and recent changes

Reminder: If pricing is too high, VA “rule of two” might not apply

Startups should try to win city and school district contracts. Here’s why.

Surviving proposal weaknesses after discussions: what not to do

E-Verify records purge scheduled for May 14, 2021

Read More

GTPAC News

DLA hosting event March 10th with special emphasis on Women-Owned Small Businesses

Navy Office of Small Business Programs holding three events in March

SBA hosting conversations with contracting officers forum Feb. 25th

USACE seeks vaccination center construction support

GTPAC updates cybersecurity resource page to include CMMC guidance

Read More

Georgia Tech News

Future of 5G is under the microscope at Georgia incubator

Collective worm and robot “blobs” protect individuals, swarm together

The Partnership for Inclusive Innovation is now accepting applications for pilot programs

Georgia Tech will help manage DOE’s Savannah River National Laboratory

Dr. Abdallah testifies on U.S. competitiveness, research, STEM pipeline at Congressional hearing

Read More

  • SAM.gov registration is free, and help with SAM is free, too
APTAC RSS Twitter GTPAC - 30th Year of Service

Copyright © 2021 · Georgia Tech - Enterprise Innovation Institute