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Writer's pictureSAMradar Team

June 2023 NAICS Spending Report - Q3 FY 2023


JUNE 2023 NAICS Spending Report | SAMradar


Step 2: Join us for a FREE review (via Zoom) (Review sessions held Tuesday - Friday at 10AM and 2PM EDT. You can join as many times as you like)


Step 3: SIGN UP for your FREE SAMradar Trial and start competing for the 98% that never hits SAM.gov.


*source: FPDS.gov


This report shows that in FY2023 Year-to-Date 75% of contracts have ZERO competition. This is unprecedented: Read NEW: Unpredicted Federal Spending Pattern


But Zero competition isn't the entire story. The downloadable report (see above) shows that 134,867 companies split over $700 Billion and 85% of the time they were 1 of 5 companies competing. How does this happen? Isn't this where you want to be? So the most important thing you can do is - become ONE of the FIVE for the $1 Trillion left in FY2023!


The SAM.gov corresponding opportunities posted so far in Q3 FY2023 search for solicitation and combined synopsis and solicitation shows a total of 84,341 opportunities (see for yourself).


To contrast what is visible on SAM.gov, take a look at the Q3 YTD (October 1 - May 31) FY2023 spending summary below directly from FPDS.gov: 7,332,735 contracts executed.


How does this happen?


There are many ways contracting officers use Subpart 6.3 - Other Than Full and Open Competition including Sole Source Justification and Approval and companies can use this process that companies can use to literally justify a sole source contract. During a recent GovBrief session companies with experience in sole source justification described how they engaged contracting officers and won contracts - for millions of dollars that never hit SAM.gov.


Did you know you can see what the competition is doing AND who they are buying from? This is critical because your competition is exactly who is winning these contracts that never hit SAM.gov. So, if you want to win, you need to see who is contracting with your competition.


What is Competitor tracking and why is it so important?

The answer is simple - you will never see what is happening if you are only watching

SAM.gov. because less than 2% shows up there. Don't believe it? Compare ANY date of contract activity on SAM.gov and FPDS.gov.


For instance, when you compare the yearly 125,000 or so opportunities that hit SAM.gov vs the 6.5 Million awards that hit FPDS.gov, you realize that you are missing 98% of the market. The problem is that you will NEVER see them until after your competitor gets the win. Terrible right?


Enter SAMradar - How You Can Compete for the 98% that NEVER Show Up on SAM.gov


Monitor NAICS, PSC, Keywords and Your Competition...


Stay one step ahead of your competition with SAMradar - your ultimate watchdog in the system. Imagine having a powerful system that not only alerts you when your competitors are winning, but also reveals the influential players behind their success - the Contracting Officers and Specialists who are buying from them. This invaluable information empowers you to take action like never before:


A: Use SAMradar's templates and scripts to ACT!


B: Establish your presence and build relationships with the buyers.


C: Let the prime winner know that you want to be in on the action.


These proactive strategies are game-changers, enabling you to build meaningful connections that go beyond what SAM.gov can ever offer. Discover the hidden opportunities that fly under the radar!


SAMradar does the dirty work for you, freeing you up to focus on your #1 job - Build relationships!


Download the FREE report today to get started!

* Includes a free review at 10 AM and 2 PM EST, on Tuesday-Friday

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