Also Read: Top 6 Contract Vehicles to Pursue in 2023
If you are a Government contractor, finding the right opportunities that align with your company’s business goals and capabilities can be overwhelming.
Although Federal and State options are often listed publicly on agency websites and other public portals, finding and tracking them can often be difficult without the right tools. We have some good news for you; several free and paid tools can help you find the right opportunities. These tools and portals help Government contractors’ business development teams get refined information and business intelligence related to these opportunities. These tools can save time and allow users to easily filter the data by Agency, Location (place of performance), North American Industry Classification System (NAICS) Code, Contract Type, etc. This blog summarizes some of the best opportunity search tools for Small and Medium Businesses (SMBs).
Opportunity Search Tools for Government Contractors:
The System for Award Management (SAM.gov)
SAM is a web-based, government-wide application that collects, validates, stores, and shares business information about the Federal government’s trading partners in support of the contract awards, grants, and electronic payment processes. It is the official website for procuring contract opportunities released by the US Government and a government-wide portal that combines the capabilities of multiple Federal government systems and information sources in conducting acquisition and financial assistance processes. The SAM database is overseen by the General Services Administration (GSA), in charge of acquiring goods and services for government agencies. Whether large or small, all businesses must have a profile in SAM to do business with the Federal Government. SAM is completely free of cost. The data is publicly available and does not require any special permissions or login credentials to access.
Features
Contractors can search for opportunities based on numerous search filters, including Keywords, Place of Performance, Federal Organization, Dates, Notice Type, Product Or Service Information (NAICS / Product and Service Code), Set Aside, Place Of Performance, Contract Awardee, and Active/Inactive Status. SAM has advanced search features that can help you narrow your opportunity search results and find opportunities matching your search criteria. Search results on SAM are prioritized to provide the most relevant results first. Once you have filtered your search results, SAM allows you to download them in CSV or PDF format. SAM also allows you to save your search. Moreover, you can choose to “Follow” an opportunity to receive email updates related to it whenever it undergoes an update, such as an amendment or an award.
EZGovOpps
EZGovOpps is a Federal Government market intelligence tool designed explicitly for Government Contractors, Capture Managers, Business Developers, Proposal Writers, and Government Researchers. It helps SMBs seeking to do business with the Federal Government by providing data to allow them to make intelligent business decisions quickly and effectively. Founded in 2008, EZGovOpps has emerged as a game-changer in the ever-changing field of market intelligence. EZGovOpps is the most comprehensive and cost-effective Federal Government market intelligence platform that utilizes 2nd Generation Cloud Technology. It is an exclusive tool for Government Contractors, Capture Managers, Business Developers, Proposal Writers, and Government Academics, who see market intelligence as a real “Luxury.” EZGovOpps offers a 5-day free trial period with an affordable range of plans with an annual commitment, billed yearly.
Features
EZGovOpps features both the Federal and State and Local Government and Education (SLED) opportunities from over a thousand government websites. It offers an in-built File Cabinet that gives important updates on contract scope, incumbent information, re-compete information, and daily industry updates. It also allows users to store contracts, contracting officers, corporations, and other documents and receive immediate updates when there is action. EZGovOpps has multiple search options based on Solicitations, Contracts, Sub-Contracts, Companies, Contacts, Award Announcements, and GWACS / Schedules / High Profile IDIQs. It is an effective tool for forecasting and provides consolidated information from Government Agencies on current, past, and future opportunities. It provides analyst updates, incumbent information, and spending patterns on opportunities helping SMBs track and analyze them. It also comes with easy-to-understand data visualizations that help contractors make effective decisions. SMBs can also save searches based on various criteria and follow and track Federal opportunities.
GovTribe
GovTribe is an online portal that identifies Federal contracts, grant opportunities, and market intelligence. It results in a collaborative platform where contractors and their teams can access real-time intelligence and manage their business development activities. It provides contractors with information about the Federal contracting market on an easily accessible website, allowing them to turn information into actionable intelligence. GovTribe helps users identify and track government contracting opportunities sourced from various reliable sources and may be searched, browsed, and filtered to find opportunities relevant to the contractor’s company. GovTribe aggregates opportunities, awards, and spending data related to the Federal contracting market from all government sources. It integrates and contextualizes the data and makes that information easy to browse and use. In addition to live and updated government data, GovTribe provides users with all the tools needed to execute these related to the vendor’s Federal capture process. GovTribe offers a 14-day free trial on their Standard Plan, which allows up to 10 participants to communicate and costs $5,500 per year. It also has team-sharing capabilities.
Features
GovTribe has an effective filtering capability that helps the users narrow the search results based on various parameters like NAICS & PSC codes, Federal Agency, Set-Asides, Contracting Vehicles, Contracting Officer, etc. It also gives the option to save the searches that can be reused later to receive notifications when new results are available. The main features of GovTribe include:
- Consolidated Federal contract and grant data
- Discovering and tracking contract and grant opportunities
- Researching market entry strategies
- Understanding the competition and find teaming partners
- Navigating an intuitive agency hierarchy
- Identify Government decision-makers
- Researching and tracking contracting vehicles
- Building and managing business development pipelines
- Assigning and managing tasks and deadlines, and organizing and archiving the proposal documents
- Promoting business to partners by featuring the company’s profile on GovTribe, and tracking team performance with Custom Analytics
GovWin IQ
GovWin IQ is a cloud-based US and Canadian government contracting intelligence solution designed to help organizations manage public sector opportunities and devise strategies to procure deals and stay ahead of the competitors. GovWin was founded in 2007 with a strong emphasis on Federal Government RFPs. It serves contractors selling to the Federal Government by providing the earliest awareness of new opportunities, deep planning intelligence, potential teaming partnerships, and the strategic insight SMBs need to get ahead of the competition and win more Federal Government contracts. It is a paid portal that offers free trials. Subscription packages are available for both National and SLED markets. However, pricing has not been not publicly released by the company.
Features
GovWin IQ enables SMBs to identify early-stage opportunities, plan strategically, build relationships and navigate the competitive landscape. GovWin IQ enables businesses of all sizes and types to access the broadest and most appropriate range of government customers for their products and services. Therefore, it is one of the best solutions enabling SMBs to manage opportunities, pursue bids faster, and plan strategically ahead of the competition. GovWin provides relevant information on solicitations much before the announcements from the agency. It helps find suitable, quality teaming partners on various opportunities and has collaborative capabilities helping SMBs distribute qualified leads to remote team members. GovWin provides access to thousands of procurement contacts and comprehensive government agency spending data. Its “Smart Tags” feature helps in creating more intuitive searches. Additionally, it helps plan beyond the proposal and build a long-term public sector sales pipeline.
BGov
Bloomberg Government (BGov) is an online platform that provides access to financial information, corporate data, and special trading programs. Bloomberg Intelligence (BI) research provides comprehensive insight by procuring interactive data analysis across enterprises and international marketplaces. It is an online resource of contract information that is updated in real-time when searching for similar contracts. Bloomberg Government provides news, analytics, and data-driven decision tools for government relations and Federal contracting professionals, giving them a cognitive advantage. The platform has special introductory offers and discounts and offers a special initial deal for its new subscribers.
Features:
With BGov, SMBs can use data and analytics to find business prospects while developing a business pipeline. It provides updated news and information about the topmost contract vehicles and IDIQs. BGov’s every feature saves time and effort while providing the most up-to-date policy information. It has separate tabs for forecasts from agencies, subcontract and subcontractor search, TOs/DOs search, and 8(a) Opportunity Search. On BGov, the top 20 Federal opportunities are updated weekly, and their estimated RFP and award dates by fiscal quarter are also provided. SMBs can put an alert on the industry content you care about, and accordingly, you will get newsletters and news alerts on the same. SMBs can also search the news and build customized topics and alerts. BGov enables SMBs to research and visualize spending trends across Federal markets using the contracts intelligence tool in BGov. There is also a workspace where SMBs can save, organize, and share Bloomberg Government content or create a new project in “My project.” SMBs can also explore GSA Schedules & MACs by the customer, market, and region. BGov also has a GSA schedule dashboard.
In Federal Government contracting, the secret to success is finding, tracking, and pursuing opportunities best suited for Small and Medium Businesses. The key to finding them is using the right tools built for this purpose. Selecting the right opportunity search tool based on business needs and budget can make this effort much easier and more sustainable for SMBs in the long run. Our team is well-acquainted with the opportunity search. iQuasar helps Small Businesses by assisting them with the most popular and valuable market intelligence platforms for making government contract administration, sourcing, and buying procedures more user-friendly, time-saving, and cost-effective. iQuasar utilizes tools meant explicitly for sourcing and finding relevant opportunities. With our team of experts, we manage the entire proposal development process, starting right from opportunity search to creating a high-quality and robust opportunity pipeline.
Also read: 7 Key Government Contract Vehicles to Pursue in 2022
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