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Article: Capital area wins bigger share of federal procurement dollars.
- Article from:
- Set-Aside Alert
- Article date:
- August 27, 2004
CopyrightCOPYRIGHT 2004 Business Research Services, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In federal contracting, as in real estate, location matters.
Contractors in the Washington metropolitan area won 15% of all federal procurement dollars in fiscal 2003, up from 4% in 1980, according to a study by George Mason University's Center for Regional Analysis and the analysts at Delta Associates.
Federal agencies spent $42.2 billion with Washington-area contractors, about 17% more than the previous year. The analysts said the record growth was driven by increased spending on defense and homeland security.
The figures reflect the government's growing use of contractors to provide services. Two categories--IT/telecommunications services ...