The second half of fiscal 2018 is likely to see a large increase in small business spending by federal agencies, according to Kevin Brancato, Bloomberg Government’s Director of Government Contracts Research, who spoke at a webinar on April 12.
The webinar, titled Fiscal 2018 Opportunities for Small Businesses, was run jointly with the Native American Contractors Association (NACA), the National Center for American Indian Enterprise Development (NCAIED), and the National 8(a) Association. Michael “Keawe” Anderson, executive director of NACA, and George Williams, program manager at NCAIED, joined BGOV to answer questions from the audience.
Topics of discussion included:
– The multi-year rise in contract spending;
– Set-aside spending for small businesses rising in lock-step with year-over-year spending;
– Spending in fiscal 2018 matching the president’s fiscal 2018 budget priorities;
– The consequences of raising budget caps for fiscal 2018 and fiscal 2019;
– Spending on businesses in key socio-economic categories: 8(a), HUBzone, service-disabled veteran owned, woman owned small businesses ;
– Top multiple-award contracts that agency will use to put money on contract; and
– The federal market outlook for fiscal 2019.