What Federal Contractors Need to Know About COVID-19 | Federal Compass

What Federal Contractors Need to Know About COVID-19

04/03/2020


eBook: COVID-19 Federal Contracting Analysis

There's a lot of news going around about the coronavirus COVID-19. We'd like to add some clarity, rooted in the numbers (see data appendix), on what the government is doing during this acute phase of the pandemic and its impact on the Federal contracting community. This is a living document to reflect the rapidly evolving situation-look for updates to our predictions and the data appendix periodically.

COVID-19 related obligations by department (%)

First, we explore the initial, acute phase of the COVID-19 response, and how it's unfolding. Who are the front-line agencies? We dive into the concrete actions that the government is taking during this phase and how that results in contracting dollars.

We then evaluate the secondary impact outside of simply HHS and VA spending. How are other agencies impacted by the crisis and how is that materializing into contracting dollars? Finally, we look into the longer-term recovery and impact to the Federal contracting community. Will the pandemic result in structural and cultural changes throughout the industry? What are some of the risks and opportunities in this new landscape?

The Acute Phase

We've all been shocked at the rapid nature of this story unfolding across the globe. The Federal government has been doing its best to deal with the crisis in the form of congressional legislation and rapid awards of contracting dollars. In the short term this means primarily vaccine research, healthcare spending and mitigation efforts across other agencies.

Telework Readiness

According to at January 2019 OPM report to Congress, 36% of Federal employees telework to some degree; of the remaining employees, 12% reported that they did not telework by choice and 51% reported that they did not telework due to a barrier. The good news is that the Federal government has been planning for and implementing telework for quite some time. However, it's an abrupt change to go from 36% to 100% overnight.

If we examine the states with active stay-at-home orders, this accounts for 85% of the 2.1M Federal employees.

Tracking the Response

The day by day uptick of opportunities and awards, primarily for vaccine research, medical equipment, testing supplies and pharmaceuticals.

COVID-19 related obligations by day ($M)

Further Reading

Explore the full analysis by downloading the free eBook on COVID-19 Federal Contracting Analysis here.

Recent Posts

The Small Business Catch-22: Available Resources Limit Critical Processes

Revenue growth is the primary focus of every small business, but in a market as complex and fluid as the federal contracting market, growth can often stall due to the lack of the right resources. And when effectively managing expenditures puts the right resources out of reach, small businesses often get caught in a growth Catch-22.


written by Jim Sherwood, published 01/25/2021


T-Minus Huntsville

Huntsville, Alabama, has long represented a tantalizing market that always felt out of reach for many contractors. Over the last decade, this zip code has been a focal point of growing interest as it became home for many organizations that, on an annual basis, manage billions in contract spending. Based on the latest news, Huntsville's influence over the aviation, space, and missile enterprise will grow significantly in 2021.


written by Jim Sherwood, published 01/15/2021


Having Trouble Getting Used to beta.SAM reports?

If you were thinking that the beta.SAM data contract searches lack some of the intuitiveness and ease of use that you had gotten used to on fpds.gov, you wouldn't be the only one.


written by Kelly Ferguson, published 09/30/2020


Keys to a Successful 8(a) Graduation

In our previous post, we reported on objective data and provided insights from those companies who both succeeded and struggled after graduation. In this post, we examine the best practices and lessons learned from contractors who have navigated the struggles of life after 8(a) graduation.


written by Jim Sherwood, published 06/10/2020