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As we move deeper into the fiscal year 2023, it is prime time for the Federal Government procurement season, commonly known as the "Federal Buying Season." This season, which peaks in the fourth quarter, traditionally sees the most significant activity, often accounting for a third of the total annual federal contract spending. The Federal Government is indeed a substantial buyer and this fiscal year, like its predecessors, presents a unique landscape of challenges and opportunities. At the same time, the value proposition of GoVets stands out more than ever before.
Federal procurement isn't without its challenges, the knowledge of which can help suppliers navigate the system more effectively. Here are some of the most pressing ones for FY 2023:
Despite these challenges, FY 2023 presents a wealth of opportunities in the federal contracting space. Here are the top 10 sectors to watch:
In this challenging and opportunity-rich landscape, why should federal agencies choose GoVets for their procurement needs? Here are several compelling reasons:
In conclusion, as the federal buying season 2023 heats up, navigating the procurement landscape can be complex, but it is also rife with opportunities. Amid this scenario, GoVets offers a uniquely beneficial platform for federal procurement, combining simplicity, breadth of offerings, competitive pricing, vendor verification, and exemplary customer service. In addition, our commitment to supporting veteran-owned businesses makes us an ideal partner for government agencies looking to fulfill their procurement needs for FY 2023 and beyond.