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Plan Ahead with GovWin's Exclusive Federal Professional Services Budget Outlook for FY 2024

GovWin’s exclusive Federal Professional Services Budget Outlook, FY 2024 report provides insight into over $70B in contractor-addressable requested funding relevant to professional services firms. Fill out the request form to the right to to get your copy of this unique analysis that's purpose-built to help federal professional services companies develop their strategic business development plans.

Federal Professional Services Budget Outlook, FY 2024

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What's Inside:


Produced by GovWin’s industry leading Federal Market Analysis Team, this timely report analyzes and breaks down the proposed program investments and policy directives outlined in the Biden Administration’s $1.8T fiscal year 2024 discretionary budget request as it relates to professional services firms. It aims to deliver a comprehensive view of the federal government's upcoming spending plans relevant to providers of common professional services related offerings such as: management consulting, administrative services, marketing and advertising services, legal services, technical and engineering services, financial services, real estate services and more.

“Since becoming a GovWin IQ member, we realized very quickly why Deltek's known as the 'gold standard' for research and tracking of the government market.”


Tomette Herring, Sr. Business Development Director, DCS

Sample Findings from the Report:


capitol

$70B for Professional Services Requested for FY 2024

The Biden-Harris Administration's FY 2024 federal budget request contains more than $70 billion in funding relevant for professional services firms, a 6.7% increase from the FY 2023 enacted budget.

revenue

$32.9B Requested by DoD

The Department of Defense (DoD) plans to spend the most on professional services in FY 2024 with a request of $32.9 billion in funding relevant to professional services.

creative thinking

$54.5B for Management Advisory Services

With services like consulting, economic, regulatory, organizational, policy, program management and contracting studies, management advisory services dominate the federal professional services market.

54%

Most federal agencies are planning to increase their spending on professional services in FY 2024 with the U.S. Department of Treasury increasing the most at 54% more.

Get the Federal Market Industry Insights You Need to Stay Ahead of the Competition!