By Gloria Larkin Can artificial intelligence (AI) make the workday easier for Homeland Security Department contracting officers? With the Biden administration’s efforts to expand the industrial base by working to get more small and disadvantaged businesses into the game ― thus increasing the workload ― they surely hope so. Know that conducting market research... Read More
Tag Archives: Federal Procurement Data System
Fostering Diversity and Resilience: Increasing Small Business Entrants in the Federal Marketplace
The Biden Administration’s focus on promoting equity and diversity is influencing the way agencies track, manage, and pursue the number of “new entrants” at their respective agencies. According to a recent report, there has been a decrease of about 60% in the number of new entrants in the federal marketplace over the past ten years.[1]... Read More
Debunking the Myth of the Fluctuating Seasonal Spending
The LPTA vs. Best Value Debunking the myth that contract spending seasonally fluctuates in the federal marketplace. It is true that private sector spending varies depending on the time of year, but according to the Federal Procurement Data System (FDPS), this pattern does not correlate with the federal marketplace. Do not let projected budget cuts,... Read More