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Entering the Federal Contracting Market

Alan Birchler De Allende / Jun 29, 2016

This week we discuss a few more data trends relating to first-time awardees between FY 2013 and FY 2015. First-time contracts have grown over the last few years despite the contraction of the overall market. This is a nice silver lining on recent trends in the government contracting space indicating that new, small firms still have opportunity despite the overall decrease in spending and total new contract awards overall.

As many in the government sector know, the 2013 government shutdown and subsequent triggering of the sequestration negatively impacted the government contracting market. The extent of the impact has been difficult to discern, but with three years of data we're starting to make sense of the damage.