2024 BPS Study - Final (3.12.25)

Introduction & Overview............................................................................................................... 6

Study Highlights ........................................................................................................................... 10

Executive Summary ..................................................................................................................... 18

Agencies under $1.25 Million in Revenue...................................................................... 18

Agencies between $1.25 Million and $2.5 Million in Revenue..................................... 22

Agencies between $2.5 Million and $5.0 Million in Revenue ....................................... 26

Agencies between $5.0 Million and $10.0 Million in Revenue..................................... 30

Agencies between $10.0 Million and $25.0 Million in Revenue................................... 34

Agencies over $25.0 Million in Revenue ........................................................................ 38

Cross Category Comparison ....................................................................................................... 42

Glossary........................................................................................................................................ 72

4 2024 Table of Contents