The Board of Public Works Fiscal Audit: What the DBM Revenue Re-Estimates Mean for Q1 Agency Procurements
By Barry O’Connell
While general news outlets focus on macro-economic shifts, statehouse contractors and procurement officers need to focus on how tighter state revenue forecasts alter agency spending mechanics.
When DBM signals fiscal caution, state agencies pivot away from launching brand-new multi-million-dollar capital solicitations and instead double down on master agreement task orders, Indefinite Delivery/Indefinite Quantity (IDIQ) extensions, and Job Order Contracting (JOC) task orders.
Here is where agency procurement offices are shifting their contract execution strategies.
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