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You are here: Home / Government Contracting News / AGC: Looming budget cuts will reduce acquisition workforce and contract oversight, increase litigation and overruns

August 8, 2012 By AMK

AGC: Looming budget cuts will reduce acquisition workforce and contract oversight, increase litigation and overruns

The federal government could lose approximately 270,000 employees, or about 13 percent of the federal workforce, if automatic budget cuts—called sequestration—occur, according to a recent industry group report. Because federal contract officers’ positions are not protected from those cuts, the possibility of agency hiring freezes and layoffs of such essential staff is a distinct possibility. If this happens, agencies could see increased litigation and cost overruns and contractors could see more bundled federal contracts.

Keep reading this article at: http://news.agc.org/2012/07/27/looming-budget-cuts-could-impact-federal-acquisition-workforce/

Filed Under: Government Contracting News Tagged With: acquisition strategy, acquisition workforce, budget cuts, planning, sequestration

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