8 Best Bets for Contractors to Survive Sequestration
July 10, 2012
As the doomsday deadline for sequestration nears and Congress continues its partisan squabbles, both government and industry are bracing for the blow set to be delivered Jan. 3, 2013. And while the public and private sectors alike are trying to plan ahead, they have different considerations and priorities that must be weighed – a key point that could mean the difference between surviving and falling victim to more than $1 trillion in across-the-board budget cuts.
"We're seeing that agencies are already getting nervous about how to implement, and that's where we're seeing more solicitations being delayed, more decisions being postponed and modifications being made," said Alan Chvotkin, executive vice president and counsel at the Professional Services Council. "This will get worse as it gets closer to the event."
Chvotkin spoke as part of a panel at a July 10 PSC event in Arlington, Va., that addressed sequestration issues.
Source: FCW (http://s.tt/1hsVy)