More OTAs, less LPTA part of the impending upheaval for contractors

More OTAs, less LPTA part of the impending upheaval for contractors

Federal News Network (August 24, 2018)

When Congress passed the FY2018 omnibus in the spring, a little noticed provision allowed federal agencies to spend up to 25% of their total annual budgets in September.  This, coupled with the fact that agencies were slow to get their FY18 allocations has set up a perfect storm of year-end spending.  According to NextGov and our friends at The Pulse agencies could potentially spend as much as 40% of their total FY18 budgets in the next 6 weeks.  The real questions are do we have enough contracting personnel to get this money out the door and are you ready?

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