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ACQUISITION & CONTRACTING, FEATURED ARTICLES, GovConChannel, GovConChat™, Industry News, Podcast

GovConChat™: FedBizOpps Effect on Federal Procurement Dollars

The FedBizOpps Effect on Federal Procurement Dollars

13888630_ml shocked businessman

Would you believe us if we said the Federal Business Opportunities portal (http://www.fbo.gov) can take credit for impacting more than half of all government contract obligations reported to the Federal Procurement Data System?

Podcast logoThis is the case if you review FY2014 spending and those obligations that can trace their roots back to a notification on FedBizOpps when its procurement cycle began. This is a surprise since so many acquisitions seem to fall under existing contract vehicles (with a limited field of players) and the general consensus is that buys on FedBizOpps are those meant to establish a contract vehicle or purchase goods and services not already attached to one.

Does that resonate with you? If so, like our host was, you’ll be surprised at what you learn.

NOTE: If you have an opportunity to read the blogs referenced below, you’ll find out obligations attributed to FedBizOpps have increased substantially since FY2010, and are still on the rise.

Here’s the latest GovConChat™ segment:

References:

  1. Blog: About Those ‘Federal Business Opportunities’
  2. Blog: Reconsidering the Respect FedBizOpps Gets

About Guy Timberlake

Guy is Co-Founder and Chief Visionary Officer of The American Small Business Coalition , a growth-oriented membership organization for government contractors established by Guy and his wife Margaret in 2004.

Guy has been hands-on in government contracting since 1988 when he first supported the manufacture of TEMPEST data processing systems supporting collection and analysis activities of the U.S. Intelligence Community during Operation Desert Shield/Desert Storm.

He spends his working hours doing extensive market research and networking to support members of The American Small Business Coalition, and his non-working hours spending time with his wife and their daughter. Guy is also a member of the Board of Directors for American Freedom Foundation, a 501(c) 3 charity co-founded by the 12th Sergeant Major of the U.S. Army, Jack Tilley, in support of active military members, Veterans, Wounded Warriors and military families.

 Copyright 2014. The American Small Business Coalition LLC

About Editor-in-Chief Visionary

Guy Timberlake is the Editor-in-Chief Visionary of GovConChannel and oversees the creation and curation of relevant and timely 'News And Information That Matters To Small Government Contractors.'

Discussion

Trackbacks/Pingbacks

  1. Pingback: Position to Win: The FedBizOps Effect « CBS DC - January 3, 2015

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