Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Building the Hybrid Cloud
- Connected Government: How to Build and Procure Network Services for the Future
- Continuing Diagnostics and Mitigation: Discussion of Progress and Next Steps
- Federal Executive Forum
- Federal Tech Talk
- The Future of Government Data Centers
- The Future of IT: How CIOs Can Enable the Service-Oriented Enterprise
- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Modern Mission Critical Series
- Moving to the Cloud. What's the best approach for me
- Navigating Tough Choices in Government Cloud Computing
- The New Generation of Database
- Satellite Communications: Acquiring SATCOM in Tight Times
- Targeting Advanced Threats: Proven Methods from Detection through Remediation
- Transformative Technology: Desktop Virtualization in Government
- The Truth About IT Opex and Software Defined Networking
- Value of Health IT
- Air Traffic Management Transformation Report
- Cloud First Report
- General Dynamics IT Enterprise Center
- Gov Cloud Minute
- Government in Technology Series
- Homeland Security Cybersecurity Market Report
- National Cybersecurity Awareness Month
- Technology Insights
- The Cyber Security Report
- The Next Generation Cyber Security Experts
Shows & Panels
Contractors already feeling budget pinch
Thursday - 10/27/2011, 10:17am EDT
Governments contractors are also coping with the Budget Control Act of 2011, which instituted more than $900 in reduced agency budgets over 10 years and set up the supercommittee to trim as much as $1.5 trillion over the same length of time.
Elizabeth Ferrell, a partner at McKenna Long's government contracts practice, is taking part in a webinar to educate contractors on the latest federal budget issues and how to navigate them.
Ferrell joined the Federal Drive with Tom Temin and Amy Morris to discuss what contractors are already feeling in the wake of the Budget Control Act.
"They are already feeling the pinch. Agencies have already been called upon to reduce their procurement budgets - and that's both internal costs for the agencies and external costs for the contractors," Ferrell said. "So, we're seeing that there are fewer government resources available for the administration of government contracts and we're also seeing that the government is trying to impose cuts on current procurements. They're asking everyone to trim back. "
So, how are contractors coping?
Ferrell said contractors realize business-as-usual is over. Companies are now assessing their vulnerabilities, decreasing costs and, even, laying off workers, she added.
The goal is to reassess their priorities, Ferrell explained, and determine those areas where the government will continue to spend money.