Are you using the Federal Procurement Data System (FPDS) information in your business, marketing, and proposal development? It is a free real-time database serving the government acquisition community and is recognized as the authoritative source of contract information that is updated daily. The Federal Acquisition Regulation (FAR) establishes FPDS as the official reporting tool and repository for Federal procurement transactions.
Our FPDS: A Guide to Competitive Intelligence course is a dynamic one-day introduction for federal contracting professionals that provides an overview of FPDS reporting by Federal agencies, what transactions are required to be reported, and what is and is not available through FPDS. We also explain the distinct advantages of using FPDS vs. USAspending.gov, and how you can use these databases to boost your federal sales.
But What’s In It for Me?
- While agencies are required by Federal Law to publish Forecasts of Contracting Opportunities, not all forecasts are robust or contain actual procurements to be re-competed. To truly know where procurement opportunities are, you have to know where, with whom, and how the Government spends its money – especially when multi-year contracts are involved and are ready to expire.
- Why waste marketing or business development dollars targeting agencies where opportunities do not exist? Data from FPDS allows you to focus your efforts in areas that offer the greatest potential returns on your investment. You can learn to identify every transaction reported Government-wide on a specific Product/Service Code to identify new opportunity sources for previous and current contracts, including their expiration dates.
You’ll Learn How To:
- Find out who buys what, how they buy, and whether these procurements are conducted through the Federal Supply Schedules Program, Other Government Agency Contracts, or on the open market
- Identify when your competitors’ contracts will expire or when other contracts in your commercial line of endeavor are due to expire and be re-competed
- Find out if set-asides are used in acquiring the products and services you offer and if you can qualify
- Create individual FPDS accounts and run reports using the valuable and powerful ad hoc reporting capabilities of FPDS
- Focus and target your marketing efforts to areas that offer the best potential return for your investment
- Light refreshments
- Course materials (including a copy of the Government’s most recent Product/Service Code (PSC) Manual and the FPDS Data Dictionary for download)
Book now!Price: $695
Client Price: $625
Course Number: FC58