Government-enabling IT services, fiber-optic cable and medical equipment are among the fastest-growing areas of government spending, according to Onvia.
The market research firm put together its list of the top 10 “hotspots” in government contracting for 2017 using bid and request for proposal data across federal, state and local entities in the U.S. The hotspots are:
Several of the areas involved would likely receive a boost from President Donald Trump’s infrastructure spending plan, including construction and clean water. Trump has shown some movement in the area with an executive order aimed at easing a path for “high-priority” projects to bypass environmental review, but an Axios report shows that the overall spending plan is likely on hold for at least a year.
Confidence among public officials in increased infrastructure spending under Trump appears mixed. According to a January e.Republic survey of 146 government officials responsible for transportation and infrastructure, half said they either didn’t expect the administration to increase such spending or weren’t sure. E.Republic is the parent company of Government Technology.