US Government: The World's Largest Purchaser of Goods & Services
The United States government is the largest single purchaser of goods and services in the world. Think about all the things it takes to make a large bureaucracy with more than 4.2 million federal employees run smoothly — pens, paper, computers and software, toilet paper, building maintenance and cleaning supplies — it all has to come from somewhere.
The federal government’s projected budget for FY2020 is over $4.7 trillion, with over $550 billion spent on federal procurement.
According to the Governing Institute, a Washington, DC-based think tank that studies government spending, city and state agencies were second in total spending in 2019 at approximately $3.25 trillion annually.
At FedBiz Access we can show you how you can grow your government sales as a parallel vertical to your commercial sales as a means to accelerate your business growth despite recessionary concerns. Our brief introductory video will show you how we can help you grow. Our clients have been awarded billions in contracts and grants over our 20-year history.
You can find your Government Readiness Level Plan to help set you on your path to government contracting awards. Are you ready to take the next steps to win awards in 2020? At FedBiz Access we help you get informed, get connected, and get results.
Frequently Asked Questions
- 1 Why should my business consider selling goods and services to the U.S. government?
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The U.S. government is the largest single purchaser of goods and services globally, with over $550 billion spent on federal procurement in FY2020. This offers a significant and stable market opportunity for businesses to accelerate growth and diversify sales, even amidst recessionary concerns.
- 2 What kind of goods and services does the federal government purchase?
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The federal government buys a vast array of goods and services to support its operations and over 4.2 million employees. This includes common items like pens, paper, computers, software, toilet paper, building maintenance, and cleaning supplies, as well as many specialized services.
- 3 How can FedBiz Access help my business get involved in government contracting?
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FedBiz Access specializes in helping businesses grow their government sales by getting them informed, connected, and achieving results. They can help you determine your Government Readiness Level Plan and guide you through the steps to win federal contracts, leveraging their 20 years of experience.
