Although President Barack Obama has repeatedly denounced a government shutdown in recent weeks, officials in his administration say they are cognizant that funding for the government expires April 8 and contingency plans are being prepared.
Among the budget delays and economic worries, government contractors are still finding opportunities for growth. But they also are focused on controlling costs and investing in infrastructure.
The federal government has been operating under temporary funding measures since October, leaving many agencies and contractors in limbo in terms of spending and planning for the current fiscal year.
Because of their reliance on contracts and fewer cash reserves, small businesses face a high level of risk during a shutdown. What can they do to protect themselves?
Congress has approved a continuing resolution to fund the government until March 18, temporarily staving off fears of employee furloughs resulting from a government shutdown this Friday.
It now seems likely that a feared government shutdown at the end of this week will be averted, but the reprieve is only temporary. If Congress can't agree on a budget deal soon, the threat will return in two weeks.
Columnist Stan Soloway says the best way to weather the coming years of government austerity is for agencies and contractors to collaborate on the best and most cost-effective solutions.
Long-time industry observer Jim Kane explains how changing market dynamics will give a competitive advantage to nimble and agile contractors over larger competitors.
Bigger may not be best, writes Washington Technology editor Nick Wakeman. What are some of the leading companies saying about what it takes to succeed in today's market?
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