//
you're reading...
Chief Visionary's Blog, Civilian, Defense, FEATURED ARTICLES, Industry Contributor, Intelligence, Op-Ed/Blog

How Federal Dollars Get to Virginia Small Businesses (Location Impact)

GTA quick click or two on the Federal Procurement Data System – Next Generation will reveal federal agencies reported obligating just over $437 billion during fiscal year 2015. Of that total, small business concerns captured $97 billion through a combination of set-asides, sole source awards and full and open competitions.

This is a quick look at how small business dollars flowed based on the U.S. State or Territory from which a small business hails (based on the the state captured in the SAM registration). Mind you this isn’t scientific since I’m not vetting for factors such as companies with multiple locations.

Of the $97 billion obligated to small businesses in FY2015, $22.1 billion landed in the hands of small businesses with an address in the Commonwealth of Virginia. Below I’ve included information on the top three departments issuing contracts valued at just over $13 billion of the total spend.

The basis for this report is:

  • Vendor State based on SAM profile;
  • FY2015 obligations made to Small Business Concerns (with and without use of set-aside procurements);
  • Top Three Contracting Departments;
  • Top Three Solicitation Procedures;
  • Top Indefinite Delivery Vehicle (IDV) Type used by the contracting department (the ‘blank’ row typically indicates obligations made without use of an IDV)

20160229 FY15 Virginia SB Top Depts, Sol Proc and IDV Types

Even absent of details such as NAICS and PSC Codes, the trend for the top three contracting departments proves interesting in that slightly more than half of the obligations result from multiple-award vehicles (keep in mind only FSS and GWAC are always multiple-award).

My advice? Don’t forsake teaming with companies possessing single-award BOAs, BPAs and IDCs and those tricky standalone contracts (buys made where no IDV was used) also known as definitive contracts and purchase orders. Or better yet, winning them for your company!

Stay tuned for additional snapshots as I continue to delve deeper into the impact of location on federal spending.

Peace!

Guy Timberlake, The Chief Visionary (bio)
http://www.theasbc.org/visionary

“The person who says it cannot be done should not interrupt the person doing it.”

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

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: