2017 was a very good year for SLED government contracting, with strong year-over-year growth each quarter. All considered, GovWin IQ’s State and Local Bid Notifications database saw a 10.9% increase in solicitations posted in 2017 vs. 2016. This is great news for contractors and GovWin is forecasting continued strong solicitation growth heading into 2018.
Counties led all other government types in solicitation gains not only for several quarters in 2017, but also overall for the year (+36%).
The public utilities vertical was added by GovWin in 2017 and closed out the year leading in growth (+318%).
AEC closed out the year at the top of the big 3 primary requirements, moving up 12.7% overall.
This year GovWin IQ’s State and Local Bid Notifications database saw a 10.9 percent increase in solicitations posted in 2017 vs. 2016. This finishes the year with 4 continuous quarters of growth and positions contractors well for 2018.
In the promising year ahead, how can you take advantage of this growth?