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    Aug 4, 2010

    The Federal Government's fiscal year ends on September 30, which gives agencies a "use it or lose it" mentality regarding their budgets. If an agency has unspent dollars at the end of the fiscal year it loses the money and runs the risk of a reduced budget the following year.

    Many buyers and credit card holders will spend impulsively to use up the rest of the funds. Procurement Officers have authorization to buy up to $25,000 without needing to put out a competitive bid, those needing to spend over $25,000 will issue a competitive bid.

    How do you find these opportunities? Contact us. We will help you find these agencies and point you in the right directions to take advantage of these impulse buys.These opportunities can help you get your foot in the door to do more business with the government in the future.

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