Acquisition Data Initiatives

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)

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.
Introducing Hi-Def
August 08, 2022
The Hi-Definition Intelligent Acquisition Data Environment (Hi-Def) is a coordinated approach to accessing, using, and managing acquisition data and innovative tools for the workforce. The goal of the Hi-Def initiative is to enhance the efficiency of the entire acquisition process from budget and acquisition planning to contract closeout - and all phases in between - by providing users with the right data and information at the point of need without duplicating data, tools, or effort.
Federal Integrated Business Framework
August 08, 2022
As part of the President’s Management Agenda, agencies are completing an inventory of emerging technology projects and tools that support acquisition. The Federal Integrated Business Framework (FIBF)  is a model that enables the Federal government to better coordinate and document common business needs across agencies and focus on outcomes, data, processes and performance. It is the essential first step towards standards that will drive economies of scale and leverage the government’s buying power.

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.