The End of Fiscal Year 2022 is Fast Approaching — Monument Advocacy’s Julie Dunne, Former Commissioner of the Federal Acquisition Service at GSA, Shares Tips for Contracting Success

  • Since January 2021, the Administration has issued several Executive Orders that have had significant impacts on procurement.
  • Contracting professionals are being asked to accomplish a variety of policy objectives via procurement and the pressure increases with the end of the fiscal year.
  • Some notable policy objectives include:
  • expanding the industrial base with more awards to small and nontraditional businesses;
  • increasing the resilience of the supply chain;
  • buying items with higher domestic content;
  • improving cybersecurity;
  • addressing climate change with the federal government’s purchasing power; and
  • advancing racial equity and support for underserved communities through awards to small/disadvantaged businesses.
  • Contracting professionals and program offices have multiple work streams of increasing importance as the fiscal year ends.
  • For example, agencies are trying to meet small business goals, and executives with these goals in their performance plans are incentivized to make that happen.
  • With activity picking up, Offices of General Counsel and contracting entities team up to ensure awards are meeting all requirements, while working to mitigate protest risks.
  • Some agencies that provide assisted acquisition services to other agencies also reach capacity and turn work away.
  • As end of the fiscal year activity picks up agencies are also preparing for a CR, thinking about fiscal year 2024 budget formulation process, and engaging with the Office of Management and Budget (OMB).
  • Finally, some agencies will unexpectedly have extra funding due to a variety of circumstances and must quickly repurpose that funding or risk funding cuts in the next fiscal year.
  • Under U.S. fiscal law, government funding money is not fungible and, in fact, there are different “colors” of money.
  • One year funding typically expires at the end of the fiscal year and usually is returned to the Treasury if not spent.
  • Other funding may be available for multiple years or may even be no-year funding.
  • And finally, fee-based agencies do not rely upon annual appropriations, like U.S. Citizenship and Immigration Services (USCIS) at the Department of Homeland Security (DHS).
  • Agencies may be more inclined to use particular contract vehicles to simplify their work, including governmentwide acquisition contracts (GWAC). GWACs can provide a sort of “easy” button at the end of the fiscal year as there are pre-vetted vendors.
  • Agencies may also be inclined to use the General Services Administration’s (GSA) multiple award schedules (MAS) program. Agencies annually use the MAS program to buy over $35 billion in commercial goods and services.
  • The MAS program is a critical tool for agencies as the fiscal year closes since it provides pre-vetted vendors and pricing on goods and services in categories that include professional services, IT goods and services, furniture, and facilities to industrial products and services.
  • Finally, do not underestimate the value of the government purchase card for agencies to use as a payment mechanism and to make purchases below the micro-purchase threshold ($10,000).

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Monument Advocacy

Monument Advocacy

Monument Advocacy is a bipartisan government relations, strategic communications and public affairs consulting firm.