MyGovWatch Reveals New Insights into Government Procurement Preferences

MyGovWatch.com, a notable platform providing government bid notifications and intelligence, recently conducted its first annual survey aimed at understanding public sector buying habits. Focused on Federal, state, and local levels, this survey sheds light on the procurement process, specifically in terms of contract awards requiring formal solicitation. It raises important points about the openness of government buyers to new suppliers, challenging some prevailing beliefs in the govcon supplier community.

The survey delves into several key questions about the preferences of government buyers, including their past interactions with vendors before bidding, their involvement in purchasing decisions where they had no prior knowledge of the bidders, and the situations where they selected suppliers they had just come across during the bidding process. Surprisingly, the findings suggest that nearly 30% of government buyers are willing to award contracts to suppliers previously unknown to them, provided these suppliers can meet the government's needs.

Through capturing demographics and providing anecdotal advice from buyers on engaging with government agencies, the survey offers invaluable insights. Nick Bernardo, President of MyGovWatch, comments on the results, highlighting the opportunity for suppliers to reconsider their approach to government contracts, especially if their offerings align with government requirements.

Suppliers interested in these findings can obtain the survey results through MyGovWatch's platform, indicating a shift towards more inclusive procurement practices within the public sector.