Expanding Horizons: The Boom in Space and Energy Contracts
The space and energy sectors are experiencing a significant surge in investments as the United States amplifies its efforts in space exploration, defense, and sustainable energy solutions. Recent data highlights a remarkable increase in contract awards, with NASA and the U.S. Space Force achieving record funding levels. Concurrently, the Department of Energy (DOE) has also […]
The Infrastructure Bill: New Opportunities for State and Local Governments
The Infrastructure Investment and Jobs Act (IIJA) has ushered in a transformative era for federal investment, focusing significant resources into sectors like construction and research & development (R&D). Although the direct effects on federal contracting are apparent, much of the IIJA’s influence is channeled through state and local governments. This blog post delves deeper into […]
Changes in Wage Laws by the Davis-Bacon Act: What’s New and What’s Controversial
The Department of Labor (DOL) has recently implemented crucial updates to the Davis-Bacon and related acts, marking a significant shift in how wage determinations are managed for federally funded construction projects. These changes, designed to modernize and streamline the process, aim to ensure fair wages that reflect current industry standards. However, despite the positive intentions, […]
A Simple Look at 2023’s $765 Billion in Federal Contracts
Introduction In an unprecedented fiscal year 2023, federal contracting reached a new zenith, with expenditures topping $765 billion. This surge was largely fueled by escalating geopolitical tensions and rapid technological innovations, reshaping the landscape of federal spending. This blog post explores the significant upticks in defense, construction, and cybersecurity sectors, offering insights into the shifts […]
Breaking New Ground: Alliant 3 Draft Solicitation Reinvents Federal Procurement
The federal contracting landscape is poised for a transformative shift with the release of the Alliant 3 draft solicitation. This much-anticipated document brings to the forefront a series of substantial changes in procurement policies that emphasize sustainability, financial accountability, and enhanced qualification metrics. Key among these changes is the increased allocation of points for specific […]
The Imperative of Cutting-Edge Technology in National Defense
The Rise of Quantum Cybersecurity Understanding Quantum Cybersecurity Quantum cybersecurity incorporates principles from quantum physics to revolutionize the way information is protected. Traditional cybersecurity measures often rely on complex algorithms to encrypt data, which could potentially be broken by powerful computers. Quantum cybersecurity, by contrast, uses quantum mechanics to create a system that is theoretically […]
What’s Next for Federal Contracting? Emerging Trends in 2024
The landscape of federal contracting is transforming significantly, influenced by advancements in technology and an increased focus on sustainability and security. This blog post delves into five pivotal trends that are shaping the future of federal contracting, providing insights on how organizations can adapt and excel in this changing environment. 1. AI Integration in Federal […]
Best-in-Class Contracts: A New Standard in Federal Procurement Excellence
The landscape of federal procurement is evolving rapidly, with a clear trend toward the adoption of Best-in-Class (BIC) contracts. This move is designed to streamline the acquisition process, achieve consistent pricing, and ultimately enhance the efficiency and cost-effectiveness of government spending. This blog post provides an in-depth exploration of BIC contracts, discussing their advantages, the […]
Exploring the Top 7 Federal Contracting Opportunities in 2024
Introduction As the global economy evolves, so do the opportunities within the federal contracting sphere. Deltek’s insights into the fiscal year 2024 shed light on promising avenues for businesses seeking federal contracts. Let’s delve into the comprehensive outline of these opportunities and explore the potential they hold for aspiring contractors. Healthcare Technology Solutions In an […]
Navigating New Terrain: Understanding the Federal Acquisition Circular 2024-02 Updates
In the world of federal contracting, staying abreast of the latest regulations and standards is paramount. The recent updates under the Federal Acquisition Circular 2024-02 mark significant shifts, especially concerning Project Labor Agreements (PLAs) for Federal Construction Projects. These changes not only underscore the government’s commitment to fair labor practices but also aim to enhance […]