The Federal Procurement Data System (FPDS) is a single source for US government-wide
procurement
Procurement is the process of locating and agreeing to terms and purchasing goods, services, or other works from an external source, often with the use of a tendering or competitive bidding process. The term may also refer to a contractual ...
data.
The Federal Procurement Data Center (FPDC), part of the
U.S. General Services Administration, manages the Federal Procurement Data System (FPDS), which is operated and maintained by
IBM
International Business Machines Corporation (using the trademark IBM), nicknamed Big Blue, is an American Multinational corporation, multinational technology company headquartered in Armonk, New York, and present in over 175 countries. It is ...
. The FPDS-NG is the current central repository of information on Federal contracting. The system contains detailed information on contract actions over $3,000 (
FY2004 and later data). The Executive departments and agencies award over $200 billion annually for goods and services. The system can identify who bought what, from whom, for how much, when and where.
Issues
*
Subsidiaries
A subsidiary, subsidiary company, or daughter company is a company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unl ...
and predecessor companies of large corporations are oftentimes listed in the database as small businesses.
*Data are under constant review and revision. For example, during FY2008, over $100 billion worth of entries was modified.
*Contracts to large companies have been misidentified as contracts to small businesses. Furthermore, small business set-asides were classified as getting awarded to large corporations
*Responsible
Contracting Officers fail to update their procurement data because either they are negligent of their job responsibilities or providing the data would reveal that sole source contracts are being awarded to certain preferred vendors without a competitive bidding process in violation of the Federal Acquisition Regulation.
Defense Industrial Initiatives Current Issues: Small Businesses
CSIS
See also
*Government procurement
Government procurement or public procurement is the purchase of goods, works (construction) or services by the state, such as by a government agency or a state-owned enterprise. In 2019, public procurement accounted for approximately 12% of GDP ...
*Federal Acquisition Regulation
The Federal Acquisition Regulation (FAR) is the principal set of rules regarding Government procurement in the United States. The document describes the procedures executive branch agencies use for acquiring products and services. FAR is part o ...
*Government procurement in the United States
In the United States, the processes of government procurement enable Federal Government of the United States, federal, State governments of the United States, state and local government bodies in the country to acquire goods, services (including c ...
* Top 100 Contractors of the U.S. federal government
*Sustainable procurement
Sustainable procurement or green procurement is a process whereby organizations meet their needs for goods, services, works and utilities in a way that achieves value for money on a life-cycle basis while addressing equity principles for sustaina ...
References
External links
*
General Services Administration
Government procurement in the United States
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