The Trump administration has most of Washington on the edge of their seats waiting to see what comes next, and federal contracting is no different.
“Everyone knows the federal market is driven by budgets, and budgets are driven by the presidential budget request,” Kevin Brancato, director of government contracts research at Bloomberg Government, said in an April 27, 2017 webinar. “What I would advise federal contractors to look at is agency priorities and see where they align with the president’s priorities … and you’ll likely see those agencies is where the money will be spent.”
But he said that all the budget really changes is which agencies spend the money, not so much how they spend it. That’s why he said he expects to see these eight trends continue into 2018: Category Management, Shared Services, Compliance Standards, First Time Vendors, “Other” Transactions, Cybersecurity, Simplified Procedures, and Trump’s Tweets.
Keep reading this article at: https://federalnewsradio.com/acquisition/2017/04/8-trends-to-keep-ahead-of-in-federal-contracting/