Fourth quarter spending spree expected to hit $120B

Government agencies in the last quarter of fiscal 2011 have $120 billion to spend, that’s $5 billion more than last year, according to speakers at a Coalition for Government Procurement event this week.

Reported on Deltek’s GovWin blog, panelists at the event blamed the compressed procurement time frame because of the late passage of the fiscal 2011 budget.

Agencies are motivated to spend the money before it is taken away, and GSA is seeing an uptick in contract volumes, reported Deltek’s Deniece Peterson.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here


  • VIDEO: Explore the 2019 M&A Trends

    Editor Nick Wakeman interviews Kevin DeSanto of the investment bank KippsDeSanto about the highlights of their annual M&A survey and trends driving acquisitions in the federal space. Read More


    In our latest Project 38 Podcast, editor Nick Wakeman and senior staff writer Ross Wilkers discuss the major news events so far in 2019 and what major trends are on the horizon. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.