Shrinking budgets and policy crackdowns are changing the landscape for federal decision makers and influencers who gather information and stay abreast of new technology via industry events. Government contractors have always seen events and trade shows as valuable opportunities to connect with federal customers, but this is poised to change in 2013.
According to a recent poll conducted by Market Connections, Inc., 38% of federal employees plan to attend fewer educational and trade events in 2013 compared to last year. Meanwhile, 29% of the 400 respondents reflect the ongoing uncertainty within government agencies about the state of budgets and priorities, saying they don’t know their event attendance plans, even as the federal fiscal year enters its second quarter. Keep reading →
With the sequestration deadline looming, government contractors are split on whether the pending sequestration budget cuts will occur.
With the “fiscal cliff” closely looming on the horizon, the post-election honeymoon is over for President Barack Obama. Both parties must work to avert the pending spending cuts and tax hikes that will take place should a compromise not be reached by December 31.
During this time of budget constraints, the federal government is seeking low-priced, technically acceptable (LPTA) solutions to keep projects and innovation alive. In other words, agencies need to find ways to keep technological innovation moving forward, albeit with tighter purse strings.