Rural areas across the country are facing issues of aging and declining infrastructure, buildings, and equipment that have widespread consequences for both the economy and the environment. For many farmers and small business owners, energy-inefficient equipment and infrastructure can drastically raise the cost of doing business, placing a further burden on these firms to be financially successful.
The U.S. Department of Agriculture has begun accepting new applications for their Higher Blends Infrastructure Incentive Program (HBIIP), designed to expand and “significantly increase” the availability of alternative fuels. This program is a part of the overall national initiative to both solidify America’s energy independence and increase the supply of renewable energy sourced from US agricultural products.
The National Endowment for the Humanities (NEH) is accepting applications for their Climate Smart Humanities Organizations program, distributing a total of $6,000,000 of funds to humanities organizations needing to improve conservation practices of materials while also being ecologically-efficient. Humanities organizations interested in this opportunity shall contemplate strategies to their daily operations that help reduce their carbon footprint as a result of climate change.
The Federal Government is the world's largest buyer of goods and services. With federal spending rising in several sectors in 2023, it's the perfect time to explore federal contracting.
In 2022, the total obligations of the federal government reached $6.8 trillion. The Department of Defense led the way with $3.1 trillion, followed by the Department of Health and Human Services at $1.3 trillion, and the Department of Veterans Affairs at $1.1 trillion. The industries that saw the most obligations were professional, scientific, and technical services ($1.2 trillion), construction ($900 billion), and manufacturing ($800 billion).
Who upholds America's iconic federal buildings, such as the White House and FBI Headquarters? The GSA is responsible for overseeing 9,600 federal buildings, totaling over 370 million square feet, making them the trusted stewards of some of America's most iconic structures.
This article has been updated as of July 15th, 2024
Understanding federal spending patterns is essential for success in federal contracting. The 4th quarter holds particular significance, presenting unique opportunities for informed contractors. As the fiscal year ends, a significant increase in federal spending emerges, creating a window of lucrative opportunities.
The U.S. federal fiscal year spans from October 1 to September 30. As we approach the year-end, a surge in spending is driven by the "use it or lose it" budgeting policy. This policy requires agencies to spend their entire budget within the fiscal year to avoid potential budget cuts in the subsequent year. Consequently, this results in an uptick in contract opportunities. According to recent data, federal spending in the 4th quarter has consistently shown significant increases, illustrating the robust market for contracting opportunities.
Editor's Note: This post was initially published in April 2021 and has been updated for accuracy and comprehensiveness.
Federal contracting is an excellent way for businesses to open a new revenue stream. That's because, as a customer, the federal government is one who:
Meet Aidan Ashe, a proficient case manager at U.S. Federal Contractor Registration (USFCR). Aidan is a Florida local, a fact that he's proud of. When he's not immersed in his work, Aidan relishes the thrill of a good Dungeons and Dragons game, often surrounded by friends and family.
Gina Coccaro is a Client Services Representative at US Federal Contractor Registration (USFCR) with an affinity for client relations. A Florida native, she grew up on Saint Pete Beach and developed a talent for welding. This unique skill also fuels her artistic side, as she creates metal sculptures when not assisting clients.
Jon Niko Freed is a valued Registration and Contracting Specialist at US Federal Contractor Registration (USFCR). Born and raised in Florida, Jon is passionate about motorcycle and car racing and cherishes quality time with his family. He chose USFCR for its potential and its employee-first culture.
