This Week in Federal Contracting – January 29, 2018

This Week in Federal Contracting – January 29, 2018

In this week’s Federal Contracting News Roundup, we are looking at:

  • The pros and cons of the RFI process among federal agencies
  • Department of Defense contract spending trends for 2018
  • Effects of a government shutdown on the federal contracting community

Below are some recent headlines of which the federal contracting community should be aware:

Are RFIs a waste of time and money?

Mike Hettinger, founder and president of Hettinger Strategy Group and former staff director of the House Oversight Government Operations Subcommittee, shared his commentary on the sometimes less-than-fruitful RFI process, specifically on how it financially affects responders to the requests.

Hettinger wrote, “I’d be the first one to tell you government should interact more with business to better understand innovative service offerings or emerging technologies.  RFIs are one tool to do that, but when an RFI is released and companies scramble to respond, they expect a contract opportunity at the end of the process.”

Read the whole story here.

Five key DOD contract trends

Bloomberg Government shared their top five trends for federal contractors to be aware of when handling defense contracts this year. One major one includes an increase in spending with the Navy, overtaking the $90+ billion dollars spent on Army contracts last year.

Here’s a diagram showing the growth:

Bloomberg Government’s Report on Defense Spending in 2018

Read the whole story here.

Even Short Government Shutdowns Impact Contractors

While the most recent government shutdown only lasted a few days, the effects it had on the federal contracting community were still fairly large. For those reasons, Aaron Boyd of NextGov explained a bit about the plans that should be in place for federal contractors in the event of a shutdown.

Boyd reported, “As agency operations grind to a halt amid a government shutdown, it’s not only federal employees who are facing a stop-work order. The myriad of government contractors supporting day to day operations are also on hiatus, and such companies should ensure they are well prepared, whether for a short shutdown or a long haul.”

Read the whole story here.