Business Intelligence Database Assists Small Business Community Seeking Procurement Opportunities

ANNAPOLIS, MD—The Governor's Office of Small, Minority & Women Business Affairs today announced the State of Maryland's procurement forecast for fiscal year 2023. The office's online database, populated with solicitations of $100,000 or greater, is now available on the Governor's Office of Small, Minority & Women Business Affairs website.

“This is a powerful tool for small, minority, women, and veteran business owners who are seeking to perform in the state contracting arena," said Special Secretary of the Governor's Office of Small, Minority & Women Business Affairs Jimmy Rhee. “It provides insight on what is likely to be coming down the pipeline and helps vendors make connections with buyers at the agency level."

The database comprises both new and recurring items, including task orders issued under master contracts. Users can choose from six different options to focus their search. By downloading the search results, users can get expanded information, including the buyer's name and contact information.

Small businesses are also often looking for contracting opportunities below $100,000. As a result, many state agencies also include supplementary information on projected contracts between $15,000 and $99,999.

 “Access to this information reinforces the open and transparent nature of Maryland's public contracting arena," said Rhee. “Entrepreneurs also have 24/7 access to a video and a slide deck with instructions on how to mine this valuable pipeline."

To access the database, view the video, and download the slide deck, visit the Procurement Forecast tab at https://gomdsmallbiz.maryland.gov/Pages/Forecasting.aspx. 

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