Don’t eliminate yourself from procurement awards by making these mistakes
December 6, 2022 Leave a comment
By Kevin P. Young, Principal Market Intelligence Analyst
As I mentioned in my last blog, “Growing your FY23 pipeline,” the new fiscal year, which kicked off on October 1, offers a myriad of contacting opportunities for GovCons of all shapes, sizes and disciplines. From the standard federal budget programs to existing and new procurement vehicles, such as Blanket Purchase Agreements (BPAs), Governmentwide Acquisition Contracts (GWACs), and Indefinite Delivery / Indefinite Quantity (IDIQ) contracts, there is plenty of opportunity out there.
New programs earlier announced by the Administration provide substantial funding, including the $1.2 trillion Infrastructure Investment and Jobs Act and the $860 billion Inflation Reduction Act (IRA).
Here are a few key, albeit sobering, facts about – and recommendations for – effective federal government procurement:
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