Federal spending on government contracts decreased in 2014, with the Defense Department seeing the biggest overall decline, according to a March 3 report from Govini, a business consulting company for government contractors.
Govini, each year, releases a federal scorecard that tallies and analyzes data on federal contract spending and agency performance.
The scorecard, which was released to reporters, shows that overall contract spending from the federal government was down 4 percent in 2014 compared to 2013.
The DoD saw the greatest overall decrease in dollars spent, with a nearly $9 billion year-over-year decrease in both the Navy and Army.
Keep reading this article at: http://www.fiercegovernment.com/story/report-government-spent-less-contracts-2014-it-did-previous-year/2015-03-05
