McLean, VA – FedSources, a Washington Management Group company, and the recognized leader in government market intelligence, today released a new report that analyzes the proposed 2011 Federal Budget and highlights contractor-addressable spending – money available to pay government contractors for new and existing work.

According to the “Federal Budget Analysis – 2011” report, the GFY2011 budget shows a nearly five percent decrease in contract spending, or a total of $36 billion. “There is a substantial drop in addressable spending here,” said Ray Bjorklund, Senior VP and Chief Knowledge Officer at FedSources, and author of the report.

“There are significant cuts in professional services and real property,” Bjorklund said. “This means there will be far more aggressive competition for far fewer dollars.”

According to the report, the overall message from the 2011 budget is that things are changing – particularly in contract services. The budget proposes $36 billion in cuts affecting contractors, with about 100 individual programs cut or consolidated and scores of programs reduced in scope.

The report goes on to say that while the biggest cuts in contract spending in the GFY2011 budget were in professional services and real property, the most significant increase in contractor-addressable spending is in blue collar operations and maintenance.

To access the complete FedSources report at no cost, click here.

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