Contracting Opportunities Forecast
Winter may bring unpredictable weather, but when it comes to contracting opportunities, the forecast is always bright and clear. Thanks to Public Law 100-656, also known as the Business Opportunity Development Reform Act of 1988, executive agencies are required to provide a forecast of expected contracting opportunities. This Forecast of Contracting Opportunities serves as a critical tool for enhancing competition and transparency, offering small businesses an early glimpse into the federal procurement pipeline.
Why the Forecast Matters
For small businesses eager to make their mark in federal contracting, the Forecast of Contracting Opportunities is a game-changer. It provides vendors with the information they need to identify and prepare for potential opportunities well in advance of the acquisition process. This head start allows businesses to craft targeted market strategies, build relationships, and position themselves as strong contenders for upcoming contracts.
Meet the Forecast Tool
Navigating the world of federal contracting can be daunting, but the Forecast of Contracting Opportunities Tool is here to help. This nationwide dashboard aggregates anticipated federal contracting opportunities, making it easier for small businesses to access the information they need. Users can search opportunities by:
Agency
Place of Performance
NAICS Code
Contract Type
With opportunities from agencies such as the Department of the Interior, the Department of Labor, the Small Business Administration, and many more, this tool opens doors for small businesses across various industries.
Key Agencies on the Forecast
The forecast features opportunities from:
General Services Administration (GSA)
Department of Veterans Affairs
Department of Health and Human Services
Department of Commerce
Social Security Administration
Nuclear Regulatory Commission
And that’s just the beginning. By leveraging this resource, small businesses can connect with federal contracting opportunities that align with their capabilities and goals.
Stay Ahead of the Curve
The forecast is not a static document; it evolves as new opportunities emerge and existing ones are updated. Small businesses should regularly check agency procurement forecasts to stay informed and adapt their strategies accordingly. More information is available on Acquisition.gov, where all executive agency contracting forecasts are consolidated.
About OSDBU
The Office of Small and Disadvantaged Business Utilization (OSDBU) is the driving force behind GSA’s commitment to small business advocacy. With a nationwide responsibility for GSA’s small business programs, OSDBU collaborates with mission delivery and support offices to exceed small business contracting goals. Their work ensures that small businesses have access to procurement opportunities and the training they need to succeed in the federal marketplace.
Take Action
Winter is the perfect time to plan for growth. Browse the Forecast of Contracting Opportunities tool today and explore the possibilities it holds for your small business. For additional guidance, check out the factsheet on using the forecast tool or visit Acquisition.gov for recurring procurement forecasts. The future is full of opportunities—don’t miss your chance to seize them.
