4Q rush to spend $217B

      The annual surge of Fourth Quarter spending by the federal government is expected to be larger this year. Agencies must obligate all fiscal 2023 appropriations by the end of the fiscal year on Sept. 30.

      Bloomberg forecasted that $217 billion remains to be spent in the fourth quarter for defense and civilian agency contracts. That’s likely to be the second-largest fourth-quarter total of the last decade, after fiscal 2022, Bloomberg Senior Analyst Paul Murphy said in a webinar.

More Information:
Paul Murphy webinar: https://tinyurl.com/4fdf39y3

Small biz federal procurement reached $162.9B in FY22: SBA

Judge hits 8(a) eligibility

4Q rush to spend $217B

SBA’s 64 new rules by Dec. 31

House NDAA cuts diversity programs

House panel OKs GOP bills

CIO-SP3 until April 29, 2024

Polaris RFP update

Column: Federal Court Prohibits SBA’s Use of Rebuttable Presumption for 8(a) Program

Washington Insider:

Clarification on debt default