Home / Tag Archives: contract spending

Tag Archives: contract spending

Report: Federal Contract Spending Rose by 6% Annually From FY 2014-2018

Federal contract spending has increased by 5.8 percent per year in the past five fiscal years driven by agencies’ rising use of simplified acquisition procedures and governmentwide procurement contracts, Bloomberg Government reported Wednesday. Contract spending in FY 2018 reached $560B, according to the report. Federal agencies obligated $15B on government …

Read More »