The FedBizOpps Effect on Federal Procurement Dollars
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?
This 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:
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.