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GovSpend

Federal Professional Services Contracts

47.6% of total federal contract spending

Total Spending (FY2024)
$250.0B

Management consulting, advisory services, program management, staffing, logistics support, and technical assistance to government agencies.

$250.0B
Total Obligations
581
Contractors
47.6%
Share of Total
Moderate
Trend

Top Professional Services Contractors

Industry Outlook

Moderate growth reflecting increased reliance on contractor workforce. The professional services sector accounts for 47.6% of all federal contract spending, distributed across 581 active contractors.

Federal Professional Services Contracts FAQ

The federal government obligated $250,033,994,123 on professional services contracts in FY2024, representing 47.6% of total federal contract spending across 581 contractors.

The largest federal professional services contractors include Honeywell International Inc., National Technology & Engineering Solutions of Sandia, LLC, Northrop Grumman Systems Corp.. These companies receive the bulk of federal professional services spending.

The top agencies for professional services spending include Department of Defense, Department of Health and Human Services, Department of Homeland Security.

Sources: USASpending.gov, Federal Procurement Data System
Last updated:

Industry categorization is based on Product and Service Code (PSC) classifications from the Federal Procurement Data System. Spending figures represent total federal obligations for FY2024.