BI Insights | 5x Technology

Government Review: Contracting and the United States (Part Two)

Written by Jeffrey Yefsky | 6/2/14 1:30 PM

Full government shutdown should be the last resort for any organization.

As Newton’s First Law of Physics states: “An object in motion will stay in motion unless acted upon by an equal or stronger force.”

It goes on to state that twice as much force is required to move an object into motion.

This situation alone has pushed many United States contractors into bankruptcy or significantly reduced workforce as contracts we placed “on hold” or were simply cancelled all together. On a larger scale, a full on government shutdown created a tremendous amount of anxiety. It caused other nations to take a step back and consider recalling outstanding debt.

This created the second concern within United States contracting.

Check back next week on our blog to read the final segment on contracting and the United States Government.