What's Ahead for FY 2012 Government Procurement and How Contractors
Given the efforts of Congress' "super committee" to reduce the deficit, there are signs of uncertainty amongst government contractors around federal budgets this year. But the start of the new federal fiscal year also brings new opportunities, making preparation all the more important. So how can your business best prepare for 2012?
First, see if your business can take advantage of the following developments and trends:
Green government contractors and women-owned small businesses may have an edge in 2012 with the Executive Order 13514 requiring at least 95% of the government's future acquisitions to be green and sustainable and with the Women-Owned Small Business Federal Contract Program in full swing.
There seems to be tremendous government contracting opportunities for construction, engineering and architecture firms in 2012 following the GSA Public Buildings Service announcement that every federal building in the nation – roughly 9,000 – must meet LEED (Leadership in Energy and Environmental Design) Silver standards by 2017.