Vendors Start to see Contracts Slowing Down with Sequestration Looming
June 15, 2012
With every passing moment, agencies inch toward automatic spending cuts totaling more than $1 trillion. But a leader for one of the largest federal contractors is urging the government to act as if sequestration will not happen.Uncertainty about how much money agencies will end up with in 2013 has prompted them to delay contract awards in the current year, said SAIC executive Debbie James in an interview with Federal News Radio as part of the week long multimedia series, Inside the World's Biggest Buyer.
That makes it more difficult for contractors to effectively provide products and services.
"That adds to the uncertainty and challenges on our side," said James, who is SAIC's executive vice president for communications and government affairs.