A brief aside to note that Congress has passed a continuing resolution (CR), as hoped and expected. The CR keeps the lights on for the Federal Government until December 12, 2024. The CR straight-lines or limits budget expenditures, making it difficult for USAID and other agencies to manage limited funds available to cover continuing awards that need incremental funding while also providing funds to new awards. These challenges are less difficult for field projects that have funds already obligated and largely available. Note that USAID didn’t get its Fiscal Year (FY) 2024 appropriation until the spring of 2024.
International Development
Trending Now
Political Transitions Test How Disciplined Contractors Really Are About Risk, Compliance and Decision‑Making • Agencies Must Defend Decisions for Not Buying Commercial Items • Avoiding Premature Structural Changes to Food for Peace • DFC CEO Ben Black at Endless Frontiers: American Economic Statecraft Is Back • A Year After U.S.A.I.D.’s Death, Fired Workers Find Few Jobs and Much Loss
Congress Passes Continuing Resolution
ESB Professional | Shutterstock
Stay ahead in international development contracting with daily updates on USAID, global procurement, and foreign assistance with our Development newsletter, delivering up-to-the-minute intelligence Monday–Saturday — Subscribe here.