Technology solution for identifying potentially relevant vendors for various procurement and contracting actions in support of equity goals (e.g. small business, 8(a), SDB, HUBZone, SDVOSB, WOSB).
As required in FAR Section 10.001, agencies must conduct market research and use the results to determine if sources capable of satisfying the agency’s requirements exist. In addition, government-wide priorities outlined in the OMB memorandum M-22-03 Advancing Equity in Federal Procurement, expect agencies to make Federal contracting and procurement opportunities more readily available to all eligible vendors and to increase baseline spending for socioeconomic small businesses and traditionally underserved entrepreneurs recognized in the Small Business Act.
- Identifying potentially relevant vendors for various procurement and contracting actions in support of equity goals (e.g. small business, 8(a), SDB, HUBZone, SDVOSB, WOSB)
- Improved accuracy
- Increased compliance
- Reduced labor time spent on manual tasks
- Reduced process/cycle time
