Federal contractors are getting ready for the fourth-quarter spending spree, a new tradition in government acquisition which has seen significant spikes in contracting in the last quarter of the year.
Ten years ago, agencies tended to spend most of their budgets in the first two quarters, Today, sequestration, continuing resolutions and other budgetary issues have resulted in large spending spikes, most notably in September.
“The [term] ‘Q4 spending spree’ is a misnomer,” according to Deltek analyst Carey Webster. The spike is concentrated in the last month of the fiscal year, she said.
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