Acquisition Hour: The End of the Fiscal Year is Here – What is Hot and What is NotAugust 21, 2018
|Start Date||August 21, 2018|
|End Date||August 21, 2018|
|Time||1:00 pm - 2:00 pm|
|Contact Info||Benjamin Blanc
|Register Online||Register for Event|
The federal fiscal year might be winding down but the federal procurement landscape will continue to heat up as we close in on the end of the fiscal year – September 30th.
Like every year, there will be challenges. Probably the most pressing challenge this year will be insuring your SAM registration is up to date and you have designated your Entity Administrator via the required Notarized letter. The update process is taking significantly longer than expected. Companies whose registration will expire prior to the end of this fiscal year should be proactive.
As of August 1st, it is estimated that slightly greater than 25% of the federal budget has yet to be spent procuring goods and services. As a round number 25% equates to roughly $129 Billion dollars or around 4.2 million contracts. This is a time of opportunity and one that should not be overlooked. Based upon data from FY 17, Small Business did well during this time frame and were awarded approximately 30% of the contract dollars.
In the months of August and September 2017, there were 231 NAICS codes in which small businesses were awarded 85% or better of the total awards dollars!
This webinar will provide summary information related to What is Hot and What is Not as the Federal fiscal year comes to an end. Information on significant NAICS codes, buying activities and methods of purchasing will be reviewed as will a review of the major data sources, documents and registrations that each company should review and update as needed
Speaker: Marc Violante – Wisconsin Procurement Institute (WPI)
This webinar is eligible for 1 CPE credit.
To view a schedule of all upcoming webinars CLICK HERE.
National Contract Management Association (NCMA) – WI Chapter
Wisconsin Procurement Institute (WPI)