Strengthen Agency Procurement Forecasts (US0141)
Overview
At-a-Glance
Action Plan: United States Action Plan 2022-2024 (December)
Action Plan Cycle: 2022
Status:
Institutions
Lead Institution:
Support Institution(s):
Policy Areas
Anti Corruption and Integrity, Public ProcurementIRM Review
IRM Report: United States Action Plan Review 2022–2024
Early Results: Pending IRM Review
Design i
Verifiable: Yes
Relevant to OGP Values: Yes
Ambition (see definition): Low
Implementation i
Completion: Pending IRM Review
Description
As part of the Administration’s equity efforts to reverse the decline in the number of small businesses con- tracting with the Federal Government, an Office of Management and Budget (OMB) memorandum emphasized the need for greater consistency across the Federal Government in the availability and quality of procurement forecasting information. Currently, there is no consistency in the content or format of agency forecasts and no one place to search consolidated forecasting information. To strengthen transparency about expected contract opportunities and accessibility to this information, agencies are working with OMB to identify a common list of procurement information to include in agency forecasts of contracting opportunities in order for potential contractors, and especially those in underserved communities, to effectively prepare for future Federal contract competitions. Promising practices are being assessed for moving from a static posting of forecasting data at the beginning of the fiscal year to a timelier and more dynamic model that involves more regular posting of new information on a rolling basis as requirements are identified. User friendly search and filter functions are being explored to improve visibility and accessibility across agency forecasts over time so that entities interested in particular market segments can find relevant information more easily in the official System for Award Man- agement (SAM.gov). The Biden-Harris Administration commits to implementation of these initiatives over the next two years with quarterly progress reporting on http://www.performance.gov/pma.