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Consulting firms offer concessions to head off Trump cuts

New York/Washington | Consulting firms have offered to cut back US government contracts, limit price rises and shift to performance-based fees, after the Trump administration demanded they prove taxpayers were getting value for money.

Three of the 10 large consultancies that faced a Monday evening (Tuesday AEDT) deadline to submit money-saving proposals offered a menu of options that could cut at least $US15 billion ($24 billion) of federal spending over the coming years, according to a person familiar with the submissions. The remainder would be calculated over the coming days.

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    Original URL: https://www.afr.com/companies/professional-services/consulting-firms-offer-concessions-to-head-off-trump-cuts-20250401-p5lo7t