The official transition from FBO (FedBizOpps) to SAM begins tomorrow, November 8th. This landmark occasion for GovCon is both highly anticipated (and highly feared) by contractors large and small. Rest assured, we have you covered.
At the time of transition, notices will cease to update on FBO (FedBizOpps) with both systems essentially “frozen” during an epic migration process. The process will likely continue through early next week. Moving forward, SAM is the definitive source for all things opportunity—solicitations, modifications, etc.
There will be a period of time (hopefully just a few days) when updates to both FBO and SAM are halted for the migration. Once complete, we expect to see data flowing back through FBO, but don’t count on it. It’s possible that there will be issues and inconsistencies with FBO as it becomes a secondary source.
We recommend that you use a platform like Federal Compass during this transition so there’s no interruption to your opportunity and pipeline data.
We take great lengths to ensure that there’s no disruption to your pipeline. Also, it’s important to understand that there are subtle reporting and classification differences between the legacy FBO (FedBizOpps) system and SAM (System for Award Management). This means that if you rely solely on FBO or SAM, you’ll see an incomplete and inconsistent picture of pipeline data. We have you covered by integrating opportunity data in a reliable and consistent fashion across this transition. Things like saved searches, bookmarks, and real-time notifications are not impacted by the transition.
There's reason to be excited for CIO-SP4. With new tracks and more initial awards than CIO-SP3, spending on CIO-SP4 is anticipated to surpass to CIO-SP3 trends. We've put together an eBook focused entirely on understanding CIO-SP3 trends ahead of CIO-SP4. Lessons learned from CIO-SP3? You are more likely to fail than to succeed. If you’re determined to pursue CIO-SP4, preparation is necessary to position yourself for success.
Federal Compass launched its Opportunity & Market Intelligence platform for government contractors back in 2019. Since then, we've attracted a diverse user-base, focused on a range of industries within the government contracting space. We get a lot of questions about who uses Federal Compass and what features they find most compelling. Here are some quick numbers to show just how diverse our community has become.
The Federal government has become one of the largest incubators for small businesses. A reliable and secure customer that sets aside a portion of the hundreds-of-billions of dollars spent every year to create a safe harbor for start-ups and growing companies. In a universe of thousands of potential customers and contracts, where will you begin?
Are you monitoring SAM or have you become dependent on SAM? Understanding what is and what is not posted to SAM is critical for obtaining a clear view of your market. While SAM offers a great resource for identifying potential leads, there is a much bigger universe you're missing by fixating on SAM.
written by Jim Sherwood, published 02/18/2020