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March 2023 NAICS Spending Report - Q2 FY 2023

Updated: Mar 10, 2023





(same registration works for both sessions)


Step 1: Download the Free Report - Now Includes isiFederal's Winnable Opportunity Matrix

FY 2023 YTD - Federal Spending Report - 3-1-2023
.xlsx
Download XLSX • 21.54MB

Step 2: SIGN UP for Your Free SAMradar Trial and lock in your $150 off per month membership. This is a limited special price.


Your membership provides you with real, live, dedicated federal advisors to tune your SAMradar system with the most relevant NAICS, PSCs Keywords and Competitors... This way you can see all of their activity (yes SAMradar is stalking them for you) and you can act!


Step 3: Join the LIVE daily sessions as SAMradar federal advisors review the NAICS, PSC and competitors who won contracts in FY2022 and Q2 FY2023. You can use this information to augment your search criteria in SAM.gov, SAM.bid, and SAMradar.com.


IMPORTANT: Monday Roundtables are reserved for SAMradar users, you must maintain your SAMradar membership to be included in Monday sessions.


The SAM.gov corresponding opportunities posted so far in Q2 FY2023 search for solicitation and combined synopsis and solicitation shows a total of 44,731 opportunities (see for yourself).


To contrast what is visible on SAM.gov, take a look at the Q2 YTD (October - February) FY2023 spending summary below directly from FPDS.gov: 4,924,727 contracts executed.


*source FPDS.gov


This chart shows that in FY2023 Year-to-Date 60% of contracts have ZERO competition. There are many ways contracting officers use Subpart 6.3 - Other Than Full and Open Competition including Sole Source Justification and Approval and companies can use this process that companies can use to literally justify a sole source contract.


But Zero competition isn't the entire story. The downloadable report (see above) shows that 111,493 companies split over $416 Billion and 90% of the time they were 1 of 5 companies competing. How does this happen? Isn't this where you want to be? So the most important thing you can do is - become ONE of the FIVE!


What is Competitor tracking and why is it so important?

The answer is simple - you will never see what is happening if you are only watching SAM.gov. How can this be you ask? Well, there are TWO federal reporting systems that show contract activity - SAM.gov and FPDS.gov.

When you compare the yearly 125,000 or so opportunities that hit SAM.gov vs the 6.5 Million awards that hit FPDS.gov, you realize that you are missing 98% of the market. The problem is that you will NEVER see them until after your competitor gets the win. Terrible right?



So what can SAMradar do to help?


Monitor NAICS, PSC, Keywords and Your Competition...


When have SAMradar.com watching your competition like a hawk, the system tells you when that competitor is winning, who they know (the Contracting Officer/Specialist) that is buying from them. This empowers you with the information you need to ACT:

A: Use SAMradar included templates and scripts to ACT!

B: Go make yourself known to the buyer

C: Let the Prime winner know you want to do a piece of the work.


Both of these are proactive, relationship building exercises that you cannot possibly do by just watching SAM.gov. To get in the game, you need to see what never shows up on SAM.gov - you know under the radar...


That's why you need SAMradar.com - it does the dirty work for you so you can do your #1 job - Build Relationships!




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