FedBid's 2016 Snapshot

As FY2017 presses on, we would like to take a look at some of the top categories and top blog posts of 2016 to power you through another great fiscal year. 

Top Categories in 2016

The number one category in 2016 was Information Technology (ADP) Equipment (Cat. 70). There’s no big surprise that IT is once again, the most widely purchased category on the marketplace. In 2016, IT purchases made up over 50% of the marketplace volume. Other top categories from 2016 include Communication, Detection, and Coherent Radiation Equipment (Cat. 58) and Instruments and Laboratory Equipment (Cat. 66).

Additionally, the top service category in 2016 was IT and Telecom Services followed by Professional Support Services and Education and Training Services.

 While these were the most widely-seen categories on FedBid, a host of other categories can still be a good fit for the marketplace. Learn more about what types of requests can be purchased through FedBid here.

Top Set-Asides in 2016

Year after year, FedBid provides access to vendors of all different socio-economic set-asides and is proud to assist our customers with the resources to meet their socio-economic set aside goals. In terms of socio-economic set-asides, FedBid’s top awarded vendors in 2016 were Small Businesses, with over 90% of contracts awarded to Small Businesses. Additionally, over 26% of awards were made to Women-Owned Businesses and over 23% of awards were made to Minority-Owned Businesses.

Learn more about the gains vendors are finding with FedBid here.

FY16 Snapshot

Top Blog Posts in 2016

As we move into the 2017-year, we are continuing our commitment to our customers to help provide news and information about procurement and tips & tricks to maximize the use of the marketplace throughout the year. Here are a few of the top blog posts we found in 2016:

  1. Gallant Gifts Supports the 2016 Warrior Games – A Celebration of Patriotism and Perseverance
  2. Discover how Veteran-Owned businesses have found opportunities on FedBid
  3. What can be purchased using reverse auctions? Use the “3 Cs” to decide.

Top New Marketplace Features of 2016

Lastly, in 2016, we continued to enhance the functionality available to both Buyers and Sellers on our marketplace. The features released in 2016 were developed to help you save time and increase efficiencies so you can achieve greater success on our marketplace—check them out:

  1. Message Center

  2. Draft Buy Builder
  3. Enhanced BPA/IDIQ Functionality

We hope you’ve enjoyed our 2016 FedBid year in review—we look forward to  tackling another great fiscal year with you!

Publisher: FedBid Inc.

Released: January 5, 2017