Federal Procurement Data System—Next Generation (FPDS-NG) is the System tasked to collect data required by FAR 4.6 and one initiative of the Integrated Acquisition Environment (IAE).
FPDS data provides a basis for recurring and special reports to the President, the Congress, the General Accounting Office, Federal executive agencies, and the general public.
FPDS data is a means of measuring and assessing the impact of Federal contracting on the Nation’s economy and the extent to which Small Businesses, (Veteran-Owned, Service-Disabled Veteran-Owned, HUBZone, Disadvantaged, and Women-Owned) are sharing in Federal contracts as well as Information for other policy and management control purposes, and for public access.
As a part of the Presidents Management Agenda, The Integrated Acquisition Environment (IAE) initiative creates a secure business environment that facilitates and supports cost-effective acquisition of goods and services by federal agencies, while eliminating inefficiencies in the current acquisition environment. Detailed information is available from E-GOV and Integrated Acquisition Environment.
Important information for Chief Acquisition Officers and Procurement Executives from the IAE program office.
The taxpayer is entitled to transparency when spending their tax dollars. Collecting data about Government procurements provides that transparency and a broad picture of the overall Federal acquisition process. The ability to look at all contracts across many agencies, in greater detail, is a key component in establishing trust in our government and credibility in the professionals who use these contracts.
With a view of Federal spending we can conduct analyses to:
Our collective objective in creating FPDS-NG was to implement a central point for consolidated collection and access of statistical and management information related to government acquisitions.
The ability to look at all contracts across many agencies, in great detail, is a key component in establishing trust in our government and credibility in the professionals who use these contracts.
The FPDS-NG data will be increasingly used for other applications down stream. The increased visibility of data by vendors, the Hill, the press, media organizations, public interest groups, citizens, etc., might prompt difficult questions based on an analysis of information. It is important that you are prepared for that — you may get fewer requests FOR data but more requests ABOUT your data.
If the data is entered accurately and timely, we can increase the effectiveness, efficiency and credibility of the acquisition process with all of the stakeholders.
In order to improve data integrity this issue MUST be made a priority at all levels in your agency. To accomplish the original vision of FPDS-NG, statutory requirements, and the increasing demand for data the following must be done: