With the sequestration deadline looming, government contractors are split on whether the pending sequestration budget cuts will occur.
According to survey findings released today by Market Connections, Inc., a leading government market research firm, 36% of government contractors believe sequestration is unlikely to happen, while 34% believe the budget cuts are somewhat likely. Keep reading →
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.
As Lisa Mascolo, CEO of Optimos Inc., pointed out in her recent Washington Technology Op-Ed article on the topic of LPTA contracts, “When I hear ‘acceptable,’ I think adequate, good enough, not great but okay.” Keep reading →
Sequestration, the $1.2 trillion poison pill that the Congress and the White House built after last year’s Supercommittee failure to find agreement on cutting the nation’s budget, might become a colossal hangover for the nation on January 3, 2013.
It could also, however, create business opportunities. Keep reading →