On Monday, April 10, 2017 the Spring 2017 session of the Simplified Acquisitions Growth Engine for Government Contractors™ , also known as SAGE™, kicks off in our virtual classroom. This is a 3-phase continuing education and advisory program focused on growth through real dollars from real contracts captured from federal civilian, defense and intelligence agencies when they purchase using the Simplified Acquisition Procedures, FAR Part 13.
Why Simplified Acquisitions? If you look at the trend displayed above, what you’ll see in the reported obligations by agencies to the Federal Procurement Data System – Next Generation is dollars to these purchases growing from $13B during Fiscal Year 2009 to over $20B in Fiscal Year 2016 (totals actually exceeded $21B). This reflects an average increase of more than $1B each fiscal year.
Conversely, total reported obligations based on all procurement methods used has decreased as much as $100B during the same period. This means during a downturn in contract spending, agencies increased their use of the Simplified Acquisition Procedures. If you’re a small business concern this is great news since these purchases are generally reserved for small business concerns. This ‘reservation’ manifests itself as a preference by contracting agencies for doing business with small business concerns. The next graphic shows you the impact of the Simplified Acquisitions on the small business community.
To learn how your company can develop the insights and capability to capture some of or more of these opportunities, this program will help.
Enrollment for the Spring 2017 SAGE™ cohort ends April 9, 2017. To register today, click here!