Federal Compass - Waypoints

The Federal Procurement Data System-Next Generation (FPDS-NG) is an essential tool for government contractors seeking to understand the federal procurement environment. The federal database provides detailed information on federal contracts that have already been won, including award data that on incumbents, which is crucial for contractors aiming to identify upcoming opportunities and strategize their bids for recompetes. However, while FPDS-NG provides a significant amount of data, leveraging a platform like Federal Compass can further add to market research activities and provide a competitive edge by improving insights.

What is FPDS NG?

Successor to FPDS, the Federal Procurement Data System Next Generation (FPDS NG) is an essential tool for managing and tracking federal procurement activities. It serves as a comprehensive database that provides detailed information on government contracts, making it easier for agencies to monitor spending, ensure compliance, and enhance transparency.

What is FPDS NG EZSearch?

FPDS NG EZSearch is a user-friendly tool designed to provide easy access to the Federal Procurement Data System - Next Generation (FPDS-NG). This system is a comprehensive database that contains detailed information about government procurement activities. FPDS NG EZSearch simplifies the process of searching and retrieving federal procurement data, making it accessible to a wide range of users, including government agencies, contractors, and researchers. View the complete FPDS Data Dictionary.

FPDS Data Dictionary: A Comprehensive Guide

The Federal Procurement Data System (FPDS) is a critical resource for anyone involved in federal procurement. The FPDS Data Dictionary is an essential tool that provides detailed information about the data elements used in FPDS. This guide will help you understand the importance of the FPDS Data Dictionary, its key components, and how to use it effectively. This guide also provides the key contents of the FPDS Data Dictionary below.

Federal government contracting is a lucrative and complex realm that offers ample opportunities for businesses of all sizes. While the prospect of securing a government contract can be enticing, it is essential to recognize the barriers to entry and understand how success can be achieved in this competitive marketplace.

As a business owner who gets wind of federal contracting, is the wind giving you chills or a sense of opportunity? For businesses looking to expand to new horizons and tap into the world of government contracting, there are COUNTLESS opportunities available that can be a game-changer for your company. But, and this cannot be stressed enough, success in this industry does not come without its challenges.

To succeed in this competitive arena, you need a solid understanding of procurement readiness, set-aside statuses, contract vehicles, and the steps to navigating the complex federal marketplace. If you know what a labyrinth looks like, that is the most accurate depiction of government contracting.

Every business sees cycles in its revenue streams. But for federal contractors, are they immune to traditional economics and recessions? This discussion between Richard Phillips and Jim Sherwood focuses on mergers, acquisitions, and the money side of the federal contracting market.

Our on this episode is Richard Phillips from Crossroads Capital.  Richard has over 20 years of corporate finance, consulting, and investment banking experience. Throughout his career, he has completed over 30 M&A and other strategic transactions valued at over $6.4 billion, across several industry sectors and geographic regions. He has a strong understanding of the DoD and FedCiv budgets and how national security priorities impact businesses in the federal contracting space and beyond.

In the fast-paced and competitive world of government contracting, relationships are often considered the cornerstone of success. Building strong, lasting connections with government agencies, prime contractors, and fellow subcontractors can be the key to winning contracts and thriving in this challenging environment. However, over time, relationships often get taken for granted and become heavily tilted to one side.

As the end of the Federal Government's fiscal year comes to a close, a strategic and focused approach by government contractors needs to be taken. This can yield significant advantages in capitalizing on opportunities and ensuring the seamless execution of operations. There are countless opportunities published each and every day by the government to satisfy its needs. This is even more so at the end of the year causing contractors to chase anything and everything to capture as much revenue as possible. Rather than sticking to their core competencies and routine operations, they stray outside their comfort zone at the busiest time of year. This can lead to a culmination of problems. To name a few - winning opportunities that cannot be performed, heavily constraining operations and resources, or leave them bouncing back and forth like Pong never gaining ground.

There are countless tips and suggestions available for government contractors. But what if your back was up against the wall and you had to only pick one thing that could help point you in the right direction? This is that thing.

Our guest for this episode is Michael LeJeune from RSM Federal.  Michael is a GovCon enthusiast and strategist and best-selling author. He helps manage the Federal Access coaching and training platform provided by RSM Federal and specializes in helping government contractors brand themselves as subject matter experts (SME). He's helped clients win over $13.6 billion in government contractors and continues to be a force in today's marketplace.