The Professional Services Council (PSC) has released the PSC’s Federal Business Forecast Scorecard that has examined procurement forecasts, which agencies use to provide valuable information on projected needs, PSC announced on Monday.
“Clear project needs enable contractors to plan for the needed personnel and resources to compete successfully for U.S. government contracts, thus resulting in better proposals and shorter award decision timelines allowing programs to commence in timely fashion. The benefit to agencies is that companies can prepare better and earlier,” said Alan Chvotkin, PSC Executive Vice President and Counsel, and GovCon Expert.
The Scorecard has recognized agencies for the improvements made to their forecasts following last year’s evaluation. PSC noted that the Naval Information Warfare Systems Command (NAVWAR) had the most significant improvement over their 2019 evaluation. The agency has provided in-depth information concerning security clearance needs and other program requirements.
Following NAVWAR, the Department of Education (DoE) has matched their respective score from the 2019 edition, ranking highly in the 2020 Scoreboard. Eight components of the Department of Homeland Security (DHS) scored in the “good” category, an improvement over the 2019 scores where five DHS components achieved the rating.
The Council has ranked the recognized agencies based on a list of 15 “key attributes” that PSC determined in 2019 must be included in an effective forecast, including identified action/award type, anticipated solicitation date and set-aside status. Successful forecasts have offered clear project and award descriptions with information for users to make informed decisions about proposal investments and costs.
PSC has recognized and categorized the forecasts of 48 agencies into three classes: good, fair and needs improvement. PSC then engaged with many of the lower rated agencies as well as the Office of Federal Procurement Policy (OFPP) within the Office of Management and Budget (OMB) to discuss how agency business forecasts can be improved.
“Highlighting the importance of successful agency forecasts in the overall procurement lifecycle is critical to our member companies, particularly given that forecasts are often the first step in programmatic activity,” Chvotkin continued. “We look forward to working with our members, the various agencies, OFPP, and Congress, to continue to improve the government’s vital business outreach effort.”
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