Ready for a busy 4th Quarter?
Small business owners are gearing up for the annual fourth-quarter rush that typically accounts for about a third or more of all dollars spent in federal contracting in a fiscal year.
The final quarter of the fiscal year begins July 1, launching the countdown for agencies to complete obligating money allocated for fiscal 2016, which ends on Sept. 30.
According to previous studies by Deltek, the fourth quarter of the fiscal year typically accounts for 32% of all federal contract spending and up to 39% of small business federal contract spending.