As the prognostication progresses regarding the incoming administration, we haven’t taken a deep dive into the potential legal ramifications of the election — until now. So, here’s an exploration of the regulatory and business environment contractors may encounter in 2017.
Right after Election 2016′s shocking results, defense stocks soared. After all, a Republican in the White House usually means it’s bonus time for defense industry execs. Then, the President-Elect tweeted about outrageous costs for the F-35, and Lockheed stocks plunged.
Lots of people are wondering about the future of lots of government-related things in the new Administration, from national security to the economy. Add contractors to that list. So, consider this the first of many glimpses into the crystal ball.
Just when you thought this frustrating, infuriating, never-ending Presidential election couldn’t possibly get any worse comes a report that states that voting in battleground states might end up playing a significant role in the prospects of government contractors. Oh, good.
One legacy of the Obama administration will be the broad attempts to tug the bureaucratic federal procurement establishment into the 21st century. The process is slow, and many would argue the results have been mixed. But, they keep on trying.
To say that former U.S. Chief Technology Officer Aneesh Chopra is annoyed with government contractors’ increasing reliance on bid protesting to delay new contracts and keep the taxpayer dollar spigot turned on as long as possible is a definite understatement.
If you’ve ever digitally strolled through the GSA’s eTools portal, you know the agency offers apps that help agencies do everything from calculating labor rates to their own carbon footprints. The IT Solutions Navigator will help COs find optimum contracts.
In The American President, fictional Leader of the Free World, Andrew Shepard, says a Nobel-winning economist taught him “never have an airline strike at Christmas.” Something similar could be said about shutting down the government right before a Presidential election.
Republican or Democrat, conservative or progressive, much to everyone’s relief, the election will soon be over. For the first time in eight years, we’ll have a new team leading the federal government. So, what kind of agenda should contractors support?