Tag Archives: federal contracting

Trends in Federal Contracting

In fiscal year 2015, the federal government spent more than $430 billion on contracts for goods and services—almost 40 percent of all discretionary spending. These contracts covered everything from products such as major weapons systems and IT equipment, to services … Continue reading

Posted in Budget and Spending, Government Operations, Homeland Security, National Defense, Quick Look | Tagged , , , , , , | Leave a comment

Getting a Good Deal — How to Do Federal Contracting Right

Oliver Hart and Bengt Holmström won the 2016 Nobel Prize for Economics for their contributions to contract theory—which looks at how contract incentives help resolve conflicts of interest between parties. And, as anyone who’s hired a contractor knows, ensuring that … Continue reading

Posted in Budget and Spending, High Risk List, National Defense | Tagged , , , , , , , , , , , | Leave a comment