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February 28, 2018 By AMK

Agencies will have to race the clock to spend massive influx of money

After years of absorbing cuts or flat spending levels, most federal agencies will soon face a novel dilemma: spending a massive influx of money with only a few months to get it out the door.

A recent agreement struck by congressional leadership and signed into law by President Trump boosted non-defense discretionary spending for agencies by $63 billion in fiscal 2018. The measure also included a continuing resolution through March 23 to buy lawmakers time to write line-by-line appropriations, meaning a forthcoming omnibus bill will give agencies only about six months to spend the new funding before it expires Oct. 1. Such a tight timeline could prove problematic for agencies and put pressure on many areas of their operations, according to former federal budgeters.

“This will tax grant making, contract professionals, hiring professionals,” said Robert Shea, a former associate director for administration and government performance at the Office of Management and Budget in the George W. Bush administration. “This is going to tax every facet of the agencies just to make sure they’re spending wisely.”

Keep reading this article at: http://www.govexec.com/management/2018/02/agencies-will-race-clock-to-spend-massive-influx-of-money/146112

Filed Under: Government Contracting News Tagged With: appropriations, grants, OMB, spending, spending bill

September 22, 2017 By AMK

Here’s an analysis of procurement funding in DoD’s FY18 budget request

Although increased capacity and lethality are the second priority of the Pentagon’s PB 2018 budget request behind restoring the readiness of the current force, funding for procurement increases far less than for RDT&E and operation and maintenance accounts (O&M) in real terms.

In the PB 2018 request, the Trump administration asked for a total of $125.2 billion in procurement funds, with $115 billion in the base discretionary budget and an additional $10.2 billion in Overseas Contingency Operations (OCO). This is $9.04 billion (or 7.8 percent) more than anticipated for FY 2018 in the PB 2017 request.

However, the PB 2018 request is only 0.65 percent larger than Congress appropriated for procurement in FY 2017, an increase of $819 million.  Per Secretary Mattis’ memorandum on DoD budget guidance, the National Defense Strategy (NDS), currently being developed, will include a new force sizing construct that will “inform our targets for future force structure growth.” Accordingly, PB 2019, driven by the results of the NDS, will contain “ramps to grow the force quickly but responsibly.”  This phased approach to increasing the size of the military means that any substantial growth in procurement funding over prior years’ budgets will occur in the PB 2019 budget request at the earliest, rather than in PB 2018.

Keep reading this article at: https://www.realcleardefense.com/articles/2017/09/15/analysis_of_the_fy_2018_defense_budget__procurement_112305.html

Filed Under: Government Contracting News Tagged With: budget, DoD, maintenance, operating contracts, Pentagon, spending bill

September 6, 2017 By AMK

President backs deal to avert a shutdown … for now

President Trump on Wednesday backed a Democratic plan to avert a government shutdown and default, surprising many on Capitol Hill.

On Sept. 6, 2017, Trump told reporters on Air Force One that he supported a Democratic plan to keep government open through a continuing resolution that would expire Dec. 15. He said he also supports a plan to attach a three-month increase in the debt limit to Hurricane Harvey relief. The comments came after the president met with congressional leaders Wednesday morning.

“We essentially came to a deal, and I think the deal will be very good,” Trump said. “We had a very, very cordial and professional meeting. So we have an extension, which will go out on December 15. That will include the debt ceiling, that will include the CRs, and it will include Harvey.”

Keep reading this article at: http://www.govexec.com/management/2017/09/congress-gets-closer-debt-ceiling-spending-deals/140779

Filed Under: Government Contracting News Tagged With: appropriations, budget, continuing resolution, federal contracting, government shutdown, shutdown, spending, spending bill

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