Federal agencies could spend as much as $630 billion in discretionary money in FY’20, up over $30 billion from the record-breaking performance of FY’19.  Discretionary spending includes the acquisition of commercial services, products, and solutions.  Almost $200 billion of the total figure had yet to be obligated as of August 5^th, according to research from Bloomberg Government.  NextGov reports, “(t)he government’s discretionary spending has increased significantly since 2015, driven largely by the Defense Department. Discretionary spending at the Army, Navy and Air Force each jumped approximately 10% in fiscal 2019.”  In addition, Bloomberg expects a significant uptick in IT and telecom spending, particularly in such areas as networking capacity, bandwidth and telework services. Bloomberg previously reported that professional services and IT spending, in that order, would be among the two highest spend areas.  All of this adds up to unprecedented opportunities for contractors.  There should be multiple opportunities for well-prepared contractors to create new business.  Adding money onto existing projects could be a potential discussion topic with current clients as well.  It wasn’t that long ago that discretionary spending dipped under the $500 billion mark.  It will almost certainly contract in future years.  Locking in business now is essential to long-term success.  FY’21 is also likely to operate under a CR until at least December.  Close business now and rest when the leaves turn.