Federal News Radio’s Executive Editor Jason Miller joined Tom Temin to discuss the special report: the Private Side of Sequestration. Federal vendors are experiencing what many believe is the new normal when it comes to contracting. Budget cuts and furloughs are gumming up the federal acquisition process. Jason explores the downward trends in the contracting market this year and rising concerns in the later years.
The first three quarters of fiscal 2013 were rough for government contractors. Agencies have delayed contract solicitations, delayed awards and asked for vendors to cut costs. But many vendors say the last two months of the fiscal year may just make up for the sluggish rate of acquisition. Jason also explores why vendors may be rethinking August vacations.