At this point, anyone keenly watching the budget process every year can tell you the likelihood of a continuing resolution (CR) being passed as opposed to a new budget by Oct 1st is all but guaranteed. CRs act as a temporary stopgap designed to avoid a government shutdown. However, it also locks funding to the previous fiscal year’s level and prevents new projects from getting started. Projects then remain under operations and maintenance until a new budget, with new requirements, is passed.

As we enter the final stretch of the federal fiscal year, IT vendors and resellers should prepare for a busy final quarter. Federal agencies are working against the clock to obligate FY25 funds—especially those made available only after Congress passed a continuing resolution (CR) in March. At DLT, we’ve analyzed the landscape to help our vendors and partners navigate this critical period with precision.

You read that title correctly; here we are near the end of another federal fiscal year. If you’re thinking it feels like Congress just passed the fiscal year 2024 (FY24) budget, you’re correct. Half of FY24 was spent in a state of continuing resolutions, with the passage of a final budget a whopping six months into the year, in March 2024. Federal agencies have had effectively half the time they would be allotted in an ideal fiscal year timeframe to spend less, the same, or in some cases more money.

If you have been confused lately seeing multiple March dates with some mention of the federal budget tied to them, you are not crazy. There are in fact multiple budgets floating out there in the ether: some finalized versions for certain agencies, others still awaiting that vote and presidential approval for fiscal year 2024 (FY24), as well as a wholly new request for funding from the President for FY25 priorities. We will catch you up as succinctly as possible, and if FY24 sounds too confusing, read on to hear what’s catching attention across IT for FY25.

The federal government’s busiest buying season is upon us. Federal fiscal year-end (FFYE) is one of the most stressful times of the year for anyone in the government contracting community, including procurement officials and vendors, with approximately $100 billion spent in the mad rush before budgets expire.