BGOV: Federal Contract Spending Hit $512B in Fiscal 2017
Federal contract obligations reached $512 billion in fiscal 2017, hitting the highest level since agencies spent $522 billion in fiscal 2012, Bloomberg Government reported Thursday. The 2018 BGOV200 report showed that contract obligations received by the top 200 government contractors in fiscal 2017 accounted for 64 percent, or approximately $327 billion, of the total contract spending […] More