Onvia Announces Government Agency Procurement Survey Results

SEATTLE, June 30, 2016 /PRNewswire/ -- Onvia (NASDAQ: ONVI), the leader in business-to-government (B2G) commerce intelligence announced today the results from its survey of over 550 government agency procurement professionals. This report follows the recent release of Onvia Exchange, a comprehensive library of published purchasing records designed to help agency users easily research example specifications that will accelerate their bid and RFP authoring process. The report includes a new score for government agencies to help measure their procurement effectiveness.

Some of the key findings in the report include:

• The outlook for growth in government spending and bidding activity
• How cooperative purchasing and piggybacking affects both B2G buyers and sellers
• Which aspects of procurement help differentiate an agency and attract more bidders
• Best practices to help agencies meet their goals and businesses win more awards

The 2016 Procurement Effectiveness Score

An overall procurement effectiveness score was calculated after considering a number of different indicators such as response time, customer service, transparency and alternative purchasing.

The score for 2016 is 63.8 and is measured on a 0-100 scale, with 13% of the agency staff surveyed associated with "high" scores of at least 90.

"These scores point to real potential for positive improvement in the purchasing systems and operations of agencies," said Onvia Market Analyst Paul Irby. "For those agencies with low scores of 0-49, only 41% report attracting enough bidders for their formal bids and RFPs. In contrast, of the high scoring agencies, 79% reported having enough bidders."

Commitment to Helping Both Buyers and Sellers Navigate Business-to-Government Commerce

"Onvia is committed to providing the research and technologies that buyers and sellers in the business-to-government space need to approach the market with clarity and efficiency," said Alberto Sutton, Vice President of Marketing at Onvia.

"We're driven to provide procurement professionals with the information they need to equip their organizations for success in procurement," said Irv Alpert, Executive Vice President and Founder of Onvia. "With this report and the Onvia Exchange we're providing the insights and tools that government agencies need to implement efficiencies in their procurement processes."

Onvia invites both government procurement professionals and businesses selling to the government to review the full report here.

Government agencies that are interested in participating in the Onvia Exchange can learn more here. 

About Onvia
Since 2000, Onvia (NASDAQ: ONVI) has been delivering the data and tools companies rely on to succeed in the government contracting market, and agencies rely on to streamline and improve the procurement process. Onvia tracks and reports the spending of tens of thousands of federal, state and local government agencies, giving companies a single comprehensive source for conducting business with government.

For information about Onvia, visit http://www.onvia.com

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