Brian Friel: Contractors to face fewer opportunities and fiercer competition

Fiscal year 2016 will be the seventh straight year of a constrained federal contracting market. Contractors will face fewer opportunities and fiercer competitio...

Fiscal year 2016 will be the seventh straight year of a constrained federal contracting market. Contractors will face fewer opportunities and fiercer competition. Industry will have to adapt as government buyers revamp their acquisition strategies. That's all according to Bloomberg Government, which has identified five key trends that will define government contracting in the upcoming fiscal year. Brian Friel, senior contracts analyst at Bloomberg, joins the Federal Drive with Tom Temin with more.

Copyright © 2024 Federal News Network. All rights reserved. This website is not intended for users located within the European Economic Area.

Related Stories

    Government Accountability OfficeImage of GAO sign at headquarters office

    Why the government should use more shared services to reduce costs

    Read more
    Morocco U.S Military Exercise

    Not-quite-accurate common assumption about military’s main purpose

    Read more

    House passed its Defense authorization bill, but there’s a long way to go

    Read more