FPDS: A Capture Managers BFF

The Federal Procurement Data System, is a government database that primarily uses the Federal Acquisition Regulation (FAR) coding system to classify and categorize federal procurement actions and contracts. This coding system helps standardize the description of products and services purchased by the U.S. government. It includes various codes and data elements that provide detailed information about procurement activities, such as contract numbers, vendors, contract values, and contract types.

FPDS uses this coding system to organize and make available a wealth of information related to federal contracts and spending, making it easier for government agencies and the public to track an analyze federal procurement data.

Why is this website so valuable?

Basically you can search what types of contracts your competition hold and find out what your potential federal clients are buying. Finally FPDS allows you to figure out how much money is spent on products or services in your particular market. It is suffice to say this is an excellent tool for open - source intelligence, market research and competitive analysis. It's an absolute must for a Capture or Business Development Manager to use in their pursuit process.