Federal Managers Association

In the News

• Government’s Contract Spending Reached Record High in Fiscal 2020 - June 14, 2021
• Fiscal 2020 is the fifth straight year of increased government contract spending, according to Bloomberg Government.
  
  
  Frank Konkel, Nextgov
  
  
  The federal government spent a record $682 billion on contracts in fiscal 2020, according to an analysis released Thursday by Bloomberg Government.
  
  
  Buoyed in part by the COVID-19 pandemic, the total represents by far the most money the federal government has ever spent on government contracts, and an $83 billion—or 14%—increase over then-record $599 billion in fiscal 2019 contract spending.
  
  
  To read the full story, click here.

##