*source: FPDS.gov
Step 1: Download the FREE Report
Step 2: Join us for a FREE Federal Market Review (via Zoom) (Review sessions held Tuesday - Friday at 10 AM and 2 PM EDT. You can join as many times as you like)
Step 3: SIGN UP for your FREE SAMradar Trial and start competing for the 98% that never hits SAM.gov.
Join our team for the FREE federal market review to learn more about this report, and how you can use federal spending trends to get ahead with government contracts.
FEDERAL CONTRACTING SHIFT
The dramatic swing to minimal competition in federal contracting with 75% of contracts having ZERO competition (single offer received) and 91% of the time they were awarded to 1 of 5 companies competing. This historic pattern started in 2021 (read more here NEW: Unprecedented Federal Spending Pattern)
This is TOTALLY LEGAL because contracting officers have clauses in the Federal Acquisition Regulations (FAR) where they can minimize the exposure of contract opportunities to a small number of qualified resources they know, like and trust. This can be used to your advantage - but only if you understand the market and you are proactive in your relationship development.
Why Monitoring SAM.gov is CRITICAL for FY2024.
We are currently in a continuing resolution (CR) with threats of shutdowns. If you are relying on SAM.gov, this means greatly reduced active solicitations until the 2024 budget is passed and approved by the president.
What if you use this time to build relationships? Then you can get your company known, liked and trusted BEFORE the RFPs are developed - then YOU are 1 of the 5 in the trusted, capable list of vendors that the contracting officer notifies.
Listen:
THIS IS GOING TO HAPPEN WHETHER YOU JOIN THE PROCESS OR NOT
If you want to be on the inside, you need to be building relationships NOW. They have the time now, you need to take advantage of the slow contracting cycle while you can. If you don't, you will simply be allowing your competition to be the ones that maintain the status quo and keep winning.
DON'T BE ON THE OUTSIDE LOOKING IN - BE THE WINNER.
You have 10 1/2 months to get there for the spending that will happen in FY2024. Even with the SAMradar free trial, you can set up your search criteria in SAM.gov and SAMradar.com so you do not miss federal hidden contract spending.
These proactive strategies are game-changers, enabling you to win business now and build meaningful connections that go beyond what SAM.gov can ever offer. Discover the hidden opportunities that fly under the radar!
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