The United States Agency for International Development obligated contract funding reached $4.68 billion in 2016, decreasing by $200 million from the previous year. The modest decline for 2016 follows a $1 billion surge for contract spending from 2014 to 2015.
Chemonics reclaimed its position as the top contractor for USAID in 2016, winning nearly double the contract funding from 2015. The global development consulting firm garnered over $1 billion worth of USAID financing last year, following the award of a $9.5 billion indefinite delivery, indefinite quantity contract, or IDIQ, in 2015. Tetra Tech and DAI, meanwhile, were awarded the second and third-highest USAID contract funding, respectively, combining for over $800 million in obligated funding. Together, these top three recipients comprise 39 percent of all USAID obligated contract funding in 2016.