Remove 2012 Remove Contract Administration Remove E-procurement
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Government Contracts Issues for a Recession

Procurement Notes

The Federal Government’s procurement spend in FY2023 was $765 billion ($470 billion for defense agencies), [106] and most of the procurement spend was discretionary spending. So, given that discretionary spending is more likely to be cut than mandatory spending, procurement spending cuts will be part of any significant budget cuts.

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An In-Depth Examination of Inflation Relief for a Government Contractor

Procurement Notes

According to Deltek’s 2022 Government Contracting Industry Study , in 2021, “[m]edian profit margin was higher (15%) compared with what has been observed since 2012 (6-10%).” [10] Like the FAR EPA clauses, the DFARS EPA clauses are intended for fixed-price contracts. [32] Now, compare the foregoing to contractor profits.