By Brian Lindholm, Founder, FedSavvy Strategies
What is CIO-SP3?
CIO-SP3 is a Governmentwide Acquisition Contract (GWAC) in the truest sense of the term. All too often we get confused about GWACs, GSA Schedules, etc. CIO-SP3 is the real deal. It can be utilized by any U.S. Government agency to purchase any IT service.
Why do we care about this?
CIO-SP3 is having its first ever on ramp opportunity. This is a big deal. It’s a rare day when you get a second shot at a contract opportunity that you may not have won last time or maybe you simply were not ready to win. Either way, this is your opening to not say again “I coulda’ been a contender.”
What is the current state of CIO-SP3?
CIO-SP3 has 94 small business contractors and 54 large business contractors. This is far more than we would see on a typical agency specific contract but obviously far less than the GSA Schedules. CIO-SP3 has enjoyed steadily increased usage over its first few years of performance. Note the overall spending trend. Obviously, we need to be mindful of the current contract start in fiscal year 2012 occurred late into federal fiscal year 2012. Any contract – even as a re-compete will have a ramp up period. Let us avoid “irrational exuberance” but still recognize that this upward trend is a good thing.
The simple takeaway is to consider both the continued strong growth of CIO-SP3 and how well small businesses have thrived under CIO-SP3. Both large and small businesses have succeeded under CIO-SP3.