Fiscal year 2016 will be the seventh straight year of a constrained federal contracting market. Contractors will face fewer opportunities and fiercer competition….
As agencies enter the final month of the fiscal year, spending is expected to increase significantly, especially through multiple award contracts.
Competition in the federal market is up for the third year in a row. And some contractors with skin already in the game don’t have as many advantages anymore. For example, the rate at which incumbents are winning is down more than 20 percent since fiscal 2014, according to a new report from Bloomberg Government. Brian Friel is a government contracts analyst for Bloomberg. He tells In Depth guest host Jared Serbu that some agencies are especially hard on incumbents.
