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November 2022 NAICS Spending Report

Updated: Dec 3, 2022

Register for 10:00 AM and 2PM EST Interactive Review Session - FREE

(same registration works for both sessions)


This LIVE session will review the NAICS, PSC and competitors who won contracts in November. You can use this information to augment your search criteria in SAM.gov, SAM.bid, and SAMradar.com.


IMPORTANT: First Session is Tuesday 12/6 (Monday Roundtables are reserved for SAMradar users)


Video coming soon


The SAM.gov corresponding opportunities posted in November search for solicitation and combined synopsis and solicitation shows a total of 8,859 opportunities (see for yourself).


Now take a look at the November spending summary below: 145,686 contracts signed.


*source FPDS.gov


This chart shows that in November 2/3 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.

The downloadable report (see below) shows that 18,483 companies split $11,5 Billion and 79% 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!


Step 1: Download the report


SAMradar November Spending Report
.xlsx
Download XLSX • 6.95MB

Step 2: SIGN UP for SAMradar Click here: https://www.samradar.com/plans-pricing


Step 3: Work with your real, live dedicated federal advisor 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!


Why is tracking your competition important?


Great question. 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?


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:

A: Go make yourself known to the buyer

B: 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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