GAO Issues Report on Contracting Trends

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The Government Accountabilty Office (GAO) recently released its “Contracting Data Analysis: Assessment of Government-Wide Trends” report. As GAO notes, in fiscal year 2015 federal contracts for goods and services totaled over $430 billion, which represents almost 40 percent of the government’s discretionary spending. The new report identifies overall trends in contracting by defense and civilian agencies from fiscal years 2011 through 2015 (the most recent and complete available at the time of GAO’s review), including trends in competition and use of various contract types. It also provides snapshots of procurement activity at the 10 civilian agencies with the …read more

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