4-Mar-10

Introduction to Federal Government Contracting

The government awards contracts for various products and services such as electronics, office supplies and furniture, vehicles, food and beverages, tools and equipment, construction materials and services, architectural and engineering services, maintenance and repair, financial services, risk management and technology consulting services, just to name a few. The Department of Defense (DoD) is the largest government purchasing agency, buying products such as aircraft components and accessories, electronic components, instruments and laboratory equipment, and vehicular equipment. Its 2009 procurement budget was approximately $104.2 billion. The U.S. General Services Administration (GSA) is another large agency that makes purchases totaling approximately $66 billion a year.

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