Deltek: Spending Deal for 2012 is Mixed Bag for Contractors
December 25, 2011
The last-minute deal made earlier this month to fund government operations through the end of fiscal 2012 means one thing for contractors: certainty.
Through most of fiscal 2011 and the beginning of 2012, the government lived off a series of short-term continuing resolutions — essentially stop-gap measures that left agency heads unsure about how much money they could spend and when.
With funding secure through the end of fiscal 2012, departments now can begin new projects, trim existing efforts and issue solicitations that had been on hold.