InvestorsHub Logo
Followers 0
Posts 117
Boards Moderated 0
Alias Born 09/22/2006

Re: ginnie post# 704

Wednesday, 09/27/2006 12:06:21 PM

Wednesday, September 27, 2006 12:06:21 PM

Post# of 9101
Ginnie -

Although the article was from July, if you are familiar with gov't spending in the US, you know that a significant amount of money gets "spent" in the last few days of September. Large departments like DHS get approval to spend money early in the year, and then spend the year evaluating vendors, but all have to spend their money by the end of the fiscal year.

In the world of gov't contracting, an IDIQ award is significant for these 25 because they know who they are competing against, and with this amount of money, it will get spread around to all.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.