“The General Services Administration‘s acquisition arm has a two-part strategy to operationalize the transactional data starting to flow in from new governmentwide acquisition contracts like STARS III and Polaris, Federal Acquisition Service Commissioner Sonny Hashmi said Thursday.
First FAS will create a capability to identify trends in data across the acquisition marketplace to get ahead of them, and secondly, the agency will deliver those insights in real-time to contracting and program officers…”
“’We have an incredible opportunity to use data like we’ve never done before — whether it’s data from the [Integrated Award] Environment, whether it’s data from category management, transactional operating systems like [GSA] Advantage, or even transactional acquisition solutions — to get that data in the hands of the decision-makers when they need them,’ Hashmi said during a Coalition for Government Procurement event Thursday. ‘And that’s a gap that we haven’t quite overcome yet.’
Though FAS’s tool is being developed internally for its workforce, it will be made available to customer agencies to make them smarter buyers and companies, especially small disadvantaged businesses, to make them more competitive, he added…” Read the full article here.
Source: GSA developing tool to analyze new GWAC data – By Dave Nyczepir, November 18, 2021. FedScoop.