Over the last few months federal spending cuts, budget restraints and federal contracting’s favorite word, “sequestration,” have been on everyone’s mind. This month a new word was invented to describe the current budget climate: “snowquester.”
WashingtonExec reached out to area executives in the federal contracting space to share their insights regarding how this uncertain budgetary climate is impacting their customers, business, as well as future initiatives.
Bud Almas, CEO Managing Member of B3 Solutions gave us his take on the situation:
“The sequestration has impacted our business by the uncertainty that is has introduced. We know the cuts are to be made, but we just don’t know where, when, or how. We get notifications from our government clients that it (effects of sequestration) is coming, but that is all they know. It is hard to tell our employees what to expect or when. We tell our employees that we continue to monitor the situation and will let them know as soon as we know something. In the meantime, we are keeping focused and doing business as usual.”