With construction-related spending accounting for 13% of global GDP, millions of dollars are at stake for organizations looking for cost savings and Sustainment, Restoration and Modernization (SRM) project agility. Inefficiencies in past public sector construction have resulted in over $270 billion in costs in just one year, suggesting an opportunity for some government agencies to increase efficiency to cut costs and time. Agencies experiencing a growth of investment in SRM projects will want to achieve cost savings and agility in a growing share of their agency spend by leveraging Indefinite Delivery/Indefinite Quantity (IDIQ) contracts.
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