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Fiscal Year End News for 2018

GSA Schedules Modernization Slated for 2019

According to an interview with Alan Thomas, the commissioner of GSA’s Federal Acquisition Service, changes are coming in 2019 based on feedback from customers and vendors. These changes include:

  • The elimination of minimum purchase thresholds
  • Provisions allowing agencies to combine products and services under one buy
  • Collaboration between the GSA and Veterans’ Affairs (which currently operates its own schedules)
  • The launch of a pilot program to promote transparency

Click here to read more details from Thomas’ interview with Federal News Radio.

Stop Work If a Stop-Work Order Comes, Says Professional Services Council

Although congress has been making progress getting appropriations approved, a government shutdown is still possible after October 1st. If that happens, the Professionals Services Council says companies receiving a stop-work order in the event of a shutdown must stop work and enforce the order with vendors and subcontractors. Read more shutdown tips for government contractors here.

Senators Attempt to Discourage Year-End Spending Spree

A bipartisan group of Homeland Security and Government Affairs Committee members have sent letters to 13 federal agencies discouraging spending at the close of the fiscal year. In 2017, agencies spent $11 billion in the final week of the year, and according to a recent report, eight top-spending agencies have at least 40% of their budgets remaining. Read more about how the end of fiscal year 2018 could see the biggest spending spree yet.

 

Do you have questions about closing out the fiscal year or protesting a bid at the end of FY2018? Contact us today for experienced representation.