Onvia.com releases report revealing continued strength in marketplace
Onvia released its latest quarterly report analyzing state, local and education, or SLED, procurement trends for Q2. The report reveals continued strength in the marketplace with a 5.4% year-over-year increase in bidding opportunities. This result follows a strong Q1 and represents the highest growth quarter tracked since the series began in 2014. This quarter's report features strategies and proven tactics to maximize government contract win-rates ahead of the federal fiscal year-end from B2G sales and marketing expert Larry Allen, President of Allen Federal Business Partners. The recent two-quarter surge in purchasing activity follows a three-quarter period of slight declines during the uncertainty of the 2016 election year. Highlighted results include: Analysis by level of government revealed notable growth in the volume of published solicitations among education agencies, up 7.5%, and local governments, up 7.2%; 6 of 12 major industries tracked in the series saw positive rates of bid and RFP growth of up to 6.1% over the last 6 months; a historical trending analysis of SLED purchasing patterns to help vendors understand the cyclical nature of government purchasing.