Federal Procurement Data System (FPDS) is a comprehensive, government-wide database that collects, tracks, and reports on all federal contract activities. Managed by General Services Administration (GSA), FPDS serves as a crucial tool for transparency by providing the public with a centralized location for all federal procurement data. The system enables users to perform research and analysis on government spending, helping to ensure accountability and proper use of taxpayer dollars.
FPDS captures a wealth of information such as contract amount, contractor details, type of contract, and details on products or services procured. The data collected in FPDS is used by federal agencies for procurement planning, policy formulation, and statistical analysis. Additionally, it aids in the measurement of federal procurement activities and provides a snapshot of government-wide acquisition trends. FPDS, therefore, plays an indispensable role in keeping the federal procurement system transparent and accountable.
