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Acquisition Data Initiatives

The Acquisition Data Initiatives page is an online source that provides news and updates related to acquisition data initiatives involving data analytics, standards and processes, as well as serves as an access point to procurement related sites.

News and Updates(VIEW ALL)

OFPP Issues FAC-C Modernization Memo
March 30, 2023

The Office of Federal Procurement Policy is modernizing the Federal Acquisition Certification in Contracting (FAC-C). Beginning on Feb. 1, 2023, the new framework will transform how contracting professionals are managed and trained to support the federal procurement mission.

Creating a More Diverse and Resilient Federal Marketplace
March 30, 2023

The President’s Management Agenda (PMA), calls on agencies to create a diverse and resilient Federal marketplace. At a time when applications to start new small businesses in America are at an all-time high, it is imperative that the Federal marketplace leverage this small business growth in supply chains that support agency missions, reverse the significant decline of small business participation in the Federal supplier base over the last decade, and increase the share of Federal contract… view more

Equity in Procurement
August 08, 2022

In Executive Order 13985 Advancing Racial Equity and Support for Underserved Communities through the Federal Government, the President directs agencies to make Federal contracting and procurement opportunities more readily available to all eligible vendors and to remove barriers faced by underserved individuals and communities. The federal acquisition community is focused on developing tools to support the implementation of this Executive Order.

Federal Contract Obligations

Procurement Obligations from Data Reported in the Federal Procurement Data System (FPDS), Fiscal years 2017-2021
This is a bar chart showing Procurement Obligations from Data Reported in the Federal Procurement Data System (FPDS) for the five fiscal years between 2017 and 2021. The chart shows an increase from just over $510 billion in 2017 to a high of almost $670 billion in 2020 before falling slightly in 2021 to $636 billion.