Federal Procurement Data System Reports

Posted by Administrator on June 12th, 2007

When pursuing federal contracts, you’ll need to build your knowledge of the government market so you can identify market changes, analyze annual federal spending and identify trends so you can pinpoint where you need to drive your sales efforts. The Federal Procurement Data System is one online stop where you can uncover federal spending information.

You can access Federal Procurement Data System Reports at https://www.fpds.gov/. The FPDS website features “top requests”, such as Hurricane Katrina contracts, Hurricane Rita contracts, other hurricane/disaster relief information, FPDS-NG transaction and user statistics, plus performance-based statistics and trending analysis reports for the last 5 years. You can even look at federal spending and federal procurement reports by year. Here’s a sampling of the type of federal procurement information you may see:

Federal Spending Trends since Fiscal Year 2000

Something you may notice about the FPDS website is that it can be hard to pinpoint specific federal spending for your services if you utilize the Federal Procurement Data System reports. For example, what if you want to know the federal procurement trending analysis for a specific industry? Or want to know the market for a particular product line?

To get market analysis reports that are more detailed than the Federal Procurement Data System reports (even state and local market reports), you will want to rely on a company that has comprehensive coverage of federal procurement history. Consider contacting a government business intelligence company for customized reports – you can get reports such as:

Year over year growth rates by market or category
Market growth rates by state/region
Forward-looking contract intelligence for key federal markets
Competitive Analyses
Annual buying trends and seasonality

Once you get a report and you know the best markets to pursue, you’ll want to get a steady flow of sales leads, specific to your territories and area of business. Contact a government business intelligence company so they can send you a free sample report of leads for your business.

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