The end of the federal government’s fiscal year is upon us. Fiscal year 2019 ends on September 30th. If you’re a government contractor, this is likely not news to you. But what might be news is how your company can prepare for the end of the federal fiscal year and take advantage of opportunities to increase revenue.
Many government agencies increase spending in August and September, so if you were thinking you could wait until October to get those proposals ready, you might want to reconfigure your schedule. With this in mind, let’s dig into the reasons for the increase in contracting opportunities as well as some of the ways you can position your company to reap the benefits.