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USA

Contracts

Federal Procurement Data System. Reaping your reward...

 

The SBA uses the procurement data in the Federal Procurement Data System (FPDS) to monitor agencies' achievements against goals. The FPDS is the official federal procurement data source. Agencies report each award over $25,000 separately with details about that award, such as industry, place of performance, type of contractor, and if the contractor meets SBA's size standards and amount. Awards under $25,000 are also reported, but in summary, form that does not include specific details about each small purchase. The agencies' prime contractors, who win awards over $500,000 ($1 million if construction) also report on their subcontracting to small business by goal category. SBA monitors the agencies' performance throughout the year using the FPDS data and compares the agencies' achievements with its goals.

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