Year to Date(YTD)
A period of time from the start of the current fiscal or calendar year to the present, used for financial and performance reporting.
Overview
Year to Date (YTD) refers to the cumulative total or measure of something from the beginning of the current year (fiscal or calendar) to the present date. YTD figures are used in financial reporting, contract performance reporting, and budget tracking. Government fiscal years run October 1–September 30; contractors may report on calendar or fiscal year.
Why It Matters in GovCon
YTD metrics appear in contract reporting, business development dashboards, and agency small business reports. Understanding YTD obligations, expenditures, and contract values helps with pipeline analysis and forecasting. Subcontracting reports and small business achievement often use YTD figures. Budget and appropriation discussions reference YTD spend.
Key Details
- Fiscal Year: Federal FY runs October 1–September 30; FY 2025 began October 1, 2024.
- Reporting: Contractors may report YTD costs, hours, or deliverables in CPRs and status reports.
- Budget: Agencies track YTD obligations and outlays against appropriations.
- Small Business: OSDBU and SBA reports often show YTD small business awards.
- Contract Value: YTD contract value may refer to cumulative orders under an IDIQ.
Related Terms
- Fiscal Year
- Contract Performance Report
- Obligation
- Budget
More Finance Terms
A guarantee submitted with a bid that ensures the bidder will enter into a contract if selected and provide required performance and payment bonds.
The government's internal estimate of what a procurement should cost, used to evaluate the reasonableness of contractor proposals.
The projected cost to finish remaining work on a contract or project based on current status.
Overhead costs that support the overall organization rather than direct contract performance.
Costs that cannot be traced to a single contract but are allocated across projects via indirect rates.
The total cost of owning, operating, maintaining, and disposing of a system or product over its entire useful life.
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