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State and Local Procurement Snapshot - Q4 2020

In Q4 2020, the state, local and education (SLED) government contracting market continued on its path of recovery, signaling a strong 2021 for contractors. While major industries and levels of government continue to lag behind the corresponding quarter one year before, visible improvement can be seen in a number of segments where bid volumes have nearly returned to previous norms. These positive developments point to the broader rebound over the coming quarters expected in our forecasting model.

Readers of this report will:

  • Gain insights into the current contracting environment, including the depth of the 2020 downturn in purchasing and positive outlook for the future
  • Discover impacts on bid volumes by level of government and industry
  • Learn which industries have nearly returned to pre-pandemic bid volumes and understand the unique factors contributing to their improvement
  • Access a special feature article examining key trends and forecasts specifically for K-12 and higher education markets
2021 SLED Government Contracting Forecast

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