Federal Hot Minute Sept. 25, 2012
If it’s September, then it must be the government buying season.
Unique to the business of government is the buying surge that occurs as the government’s fiscal year comes to a close on September 30th.
Government buyers scramble to spend their annual budget dollars before the last day of the fiscal year or risk seeing a decline in their funding in the following year.
In a recent Washington Post article, John Slye of Deltek – a research firm focusing on government procurement of technology – writes that THIS buying season may be different however. Because of the uncertainty over pending budget cuts, many government buyers have delayed, curtailed or even canceled procurements.
Also September marks the annual awards ceremony celebrating the best in government as the Partnership For Public Service hosts its annual Service to America Medals. Congratulations to Lynne Mofenson of NIH for earning top honors for her study of ways to prevent mother-to-child transmission of the AIDS virus.
As always, links to stories mentioned can be found on WJLA.com/bizgov. I’m Steve Vito of UpsonVito.
Would you like to contribute to this story? Start a discussion.
RecommendedRecent Facebook Activity
Only On 7
"Katie" weekdays at 4pm on ABC7 followed by Leon Harris and Alison Starling on ABC7 News at 5. Click here to find out more about "Katie!"