Simplified Acquisition Snapshot™
What is it?
The Simplified Acquisition Snapshot™is an article/blog-based weekly review of fiscal year-to-date streamlined purchasing activity by federal agencies based on state-by-state spending to include the District of Columbia, U.S. territories and overseas (OCONUS) operations.
Why is it relevant?
A Simplified Acquisition is one of the easiest ways for government agencies to procure goods and services to support agency business and mission operations. The time between when a customer identifies a need and actually having a purchase executed is significantly shorter than purchases not employing these procedures. For companies, this creates a more active stream of opportunity with a shorter sales cycle.
Additionally, the rules governing these purchases favor small businesses and were created in part to create additional opportunities for small and disadvantaged business concerns in government contracting.
How significant is this type of purchasing?
Nearly every agency leverages these streamlined purchasing rules to buy goods, services, research and development and construction. A dramatic increase in spending occurred in FY2010 when the U.S. Government spent $12 billion dollars versus just $4 billion spent the previous fiscal year. In FY2011, agencies issued more than 750,000 contract actions to purchase more than $16 billion dollars in goods and services.
What information is provided each week?
A year-to-date summary of contract dollars spent by federal agencies in the identified state to include top spending agencies, top commodities and services and a brief overview about the simplified acquisitions procedures and why government agencies leverage them. We will also include links to our related industry education and market intelligence programs for viewers wanting more information about understanding and pursuing these opportunities.
A State and Territory and District for each week!
(States in light blue text link to Snapshot article)*U.S. OCONUS is Puerto Rico, Guam, American Samoa, U.S. Virgin Islands and Northern Mariana Islands
Simplified Acquisition Snapshot™ Annual Sponsors (click here for sponsorship info)((click here for sponsorship info) (click here for sponsorship info)
Your Company Brand Here
Your Company Brand Here
Want to see your logo here instead of ours?