Washington, D.C. (July 18, 2022) — SOSSEC, Inc. announced today that it has been named one of the top 200 federal contractors according to Bloomberg Government in the eleventh annual BGOV200, based on fiscal year 2021 data for unclassified, prime contracts awarded across all U.S. federal government agencies. SOSSEC, Inc. ranked #110, up 183 spots from the previous year’s ranking of 293. SOSSEC, Inc. is also the highest-ranked Consortium Management Firm. To download a copy of the BGOV200, please visit http://onb-gov.com/tNu450JVTQM.

The 11th annual BGOV200 report is the culmination of extensive data cleansing and analysis of areas such as company hierarchy, contract title, and agency assignments. Data integrity makes this the premier source for government contract practitioners trying to make sense of shifts in the competitive landscape.

Bloomberg Government’s analysis finds that fiscal 2021’s spending of $649 billion marks the first time in six years that a decrease in government contract spending has occurred, a total contracting dollar decrease of $37 billion compared to the 2020 high of $687 billion. With less government spending comes a more competitive marketplace to find success in.

“We are proud to be recognized by Bloomberg Government’s BGOV200 List of Top Federal Contractors for 2021,” said Deb Paine, CEO/CFO of SOSSEC, Inc. “This recognition is a testament to our strong employee culture and teamwork, and our focus on having an exceptional customer/government/member relationship with SOSSEC, Inc.”

“We’re honored to recognize SOSSEC, Inc. as one of the top federal contractors for fiscal 2021,” said Kerry Lenahan, General Manager and Head of Government Contracting Solutions, Bloomberg Government. “The 11th edition is a testament to Bloomberg Government’s continued commitment to deliver critical market intelligence that helps clients best understand how to position themselves in this competitive market.”

About SOSSEC, Inc.
SOSSEC, Inc. is the Consortium Management Agent managing OTAs on behalf of the SOSSEC and SCE Consortia. There are over 860 members of SOSSEC and the SCEC with over 680 of them being non-traditional companies. SOSSEC, Inc. has awarded over 300 projects and over $1.3 Billion to date. SOSSEC, Inc. works with DoD customers to seek solutions from consortium members, mentor members that are new to government acquisition/contracting, and compete for new OTA projects, to increase opportunities for members to apply their technology expertise to crucial government problems. For more information, visit www.sossecinc.com.

About Bloomberg Government
Bloomberg Government is a premium, subscription-based service that provides comprehensive information and analytics for professionals who interact with – or are affected by – the government. Delivering news, analytics, and data-driven decision tools, Bloomberg Government’s digital workspace gives an intelligent edge to government affairs and contracting professionals. For more information or a demo, visit Bloomberg Government.