During FY2014, sixty-one federal agencies increased obligations made using Simplified Acquisition Procedures by nearly two billion dollars over the previous fiscal year.That brought the average spend increase to $1 billion each year since FY2010.
What’s happening in FY2015?
On the books those sixty-one agencies have obligated $1.3 billion, but the books (FPDS-NG) don’t include all spending by the Department of Defense who just happens to be the number one buyer of , well, pretty much everything when it comes to federal spending. Don’t worry though, their spending will appear, in about ninety days (due to operational security requirements).
Nevertheless, Uncle Sam is spending money and small business has captures most of it so far, which is par for the course. For the record, of the $1.3 billion in spending, less than $500 million was awarded as a delivery or task order against an established contract vehicle. That means if you have not already secured a ‘hunting license’ for your company, it’s not a problem.
I guess I should show what agencies are buying this year since that is the title of this entry. Here you go!
If you are not familiar with Product and Service Codes, these are the designators used by agencies to describe the primary product or service purchased. They serve a different but complimentary function to NAICS Codes.
Like to know more about including these streamlined buys in your FY15 growth activities? Tune in for the webinar version of ‘Finding and Winning Simplified Acquisitions to Grow Your Business‘ this Thursday at 1:30PM ET.
This comprehensive and interactive presentation is one of the key programs in our A|C|E™ Education Series.
Guy Timberlake, The Chief Visionary