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Peanut butter and other spending highlighted in analysis of FY14 federal contracting

October 28, 2014 By ei2admin

Would you be interested to know that federal agencies spent $27.3 million last year on peanut butter and related products?  Contracts for peanut products were among the 50,000 procurements, with a total award value of $272 billion, that the government awarded in FY14, the 12 month period ending Sept. 30, 2014.

Those facts, among others, are presented in a report released a few days ago by GovTribe, a small, Arlington, VA company whose mission is to make federal contracting information more accessible.

Among the highlights in GovTribe’s report are:

  • Contracts for services — as opposed to products — made up 35 percent of the contracts and 65 percent of the total dollar value.
  • 40% of procurements were closed in October 2013 or September 2014. The total value of contracts closed in just these two months was $103 billion – 38% of the dollars awarded for the year.
  • Second only to the Defense Department units, the Dept. of Health & Human Services awarded the highest dollar value of contracts.  Third-ranked was the VA.
  • 11% of contract awards were small business set-asides, amounting to $30.3 billion.
  • Total obligated dollars for the fiscal year will likely be closer to $400 billion, once all accounted.

To see the full report, visit: http://govtribe.com/blog/2014/10/21/fiscal-year-2014-in-review.

Filed Under: Contracting News Tagged With: contract awards, GovTribe, market research, spending

A new way to find federal contracting information

October 24, 2014 By ei2admin

When I started writing up a post about a new alternative to FedBizOpps — the intimidatingly clumsy government website for contracting notices — I actually got distracted by it.

The new site was created by GovTribe, a four-man team of former federal contractors that aims to make it easier to track “projects, competitors, agencies, contracting officers and much more.”

(These are the guys who brought us a popular but infuriating list of “annoying” Department of Homeland Security contracting officers and a ranking of agencies whose contract awards are most often protested.)

Keep reading this article at: http://www.nextgov.com/emerging-tech/emerging-tech-blog/2014/10/new-way-find-federal-contracting-information/96584

 

Filed Under: Contracting Tips Tagged With: DHS, FBO, FedBizOpps, GovTribe

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