When we pulled the YTD data for FY12 spending in the The Constitution State, we found that twenty-four (24) federal agencies combined to spend $79 million dollars using simplified acquisition procedures where Connecticut is identified as the place of performance (an average of $11,523.12 per contract action). NOTE: As of the date of publication, the FPDS-NG spending total for this state is $82 million**.
Interested in knowing what is being purchased and by which agencies? Read on, and welcome to the latest edition of the Simplified Acquisition Snapshot™!
The top five contracting departments by spending are: Department of Defense**, Department of Homeland Security, Department of Veterans Affairs, Department of Health and Human Services and the Department of Justice. These organizations have contributed to the processing of 4,260 simplified acquisition contract actions* fiscal year-to-date.
The top five (5) products/services that account for roughly $30 million of this state's total simplified acquisition spending fiscal year-to-date are:
- Miscellaneous Electric Power and Distribution Equipment
- Physical Properties Testing and Inspection
- Gas Turbines and Jet Engines, Aircraft, Prime Moving and Components
- Valve, Nonpowered
- Bearings, Plain, Unmounted
Other factoids of interest as you pursue opportunities here include:
- Total dollars awarded YTD to small business: $54,246,893.25;
- $61,949,031.20 of the contract dollars spent fiscal year-to-date were competitive purchases.
- The top five (5) contracting departments contributing to this year's streamlined purchase spending account for $73 million dollars of the total YTD spending.
- The top five (5) NAICS Codes by spending (of the 426 NAICS Codes used to-date) account for $32,186,124 of total state spending YTD. There are ten (10) NAICS Codes where YTD spending exceeds $1 million.
- 74 funding agencies account for total FY12 simplified acquisition spending YTD in this state.
- The top Contracting Office by spending YTD is DLA Aviation with just over $15,340,774 purchases.
GSA SmartPay/SmartPay 2 Purchase Card Payment Information
- Eleven (11) contracting departments issued payments via GSA SmartPay/SmartPay2 Purchase Card for a YTD total of $1,685,326.29. DoD, VA and Justice are the top three.
- YTD purchase card spending is distributed among 112 NAICS Codes.
- The top NAICS Code accounts for $164,662 in purchase card payments YTD.
- The top five NAICS Codes (for payments by SmartPay) account for $622,661 in spending YTD
Here's some additional information.
If your company is located in: Connecticut, New York, Virginia, Massachusetts or New Jersey then you are in one of the top five states for contractors being awarded these streamlined purchase opportunities (states listed in order according to spending fiscal YTD).
Each week we give you a chance to score free passes to an upcoming Simplified Acquisition Spotlight™ webinar, a deep-dive into where, how much and on what goods and services a specific agency is spending their simplified acquisition dollars. Here is this week's trivia. Hint: The answers are sometimes in the report you just read.
#1 - Of the top ten Contracting Offices issuing Simplified Acquisition purchases in Connecticut, what one non-DoD Agency and which specific contracting office made this list? Additionally, how much have they spent YTD (within $500K)? NOTE: Receive up to three complimentary webinars by answering this question entirely. VA Consolidated VISN1 $3,162,339
The first five correct answers emailed to email@example.com will receive one free pass to the market intelligence webinar of their choice for each correctly answered question.
What is a Simplified Acquisition?
By definition, a simplified acquisition is one of the easiest ways for federal agencies to purchase goods and services in support of business and mission operations, and each fiscal year, hundreds of thousands of contract actions worth billions of dollars are issued to companies located around the world.
The Federal Acquisition Regulation (FAR) indicates this method is intended to reduce the administrative burden associated with these acquisitions for both Government and Industry, and are used to procure goods and services including research and development, construction and commercial items, that fall within the Simplified Acquisition Threshold.
Additionally, the Simplified Acquisition Procedures (SAP) were established to create additional business opportunities for small and disadvantaged business concerns in government contracting. Often, this presents a great opportunity for companies new to an agency (or new to government contracting) to get a "foot in the door" because of the lower level of associated with these purchases.
Our Weekly Article Series
The Simplified Acquisition Snapshot™ is The American Small Business Coalition's weekly education and market intelligence brief about simplified acquisition spending based on the Place of Performance for each contract, task order or purchase order issued. For more state reviews, visit www.theasbc.org/sapsnapshot.
Simplified Acquisition Snapshot™ is sponsored by:
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* "Contract action” means any oral or written action that results in the purchase, rent, or lease of supplies or equipment, services, or construction using appropriated dollars over the micro-purchase threshold, or modifications to these actions regardless of dollar value. Contract action does not include grants, cooperative agreements, other transactions, real property leases, requisitions from Federal stock, training authorizations, or other non-FAR based transactions.
** For public users, Department of Defense contract actions are delayed 90 days due to operational security (OPSEC).