Federal Procurement Data System

The Federal Procurement Data System (FPDS) is a U.S. government tool that tracks and reports on federal government spending. It collects data on contracts awarded to businesses, detailing what goods and services were purchased and how much was spent. This information helps ensure transparency and accountability in government spending, allowing citizens, businesses, and policymakers to understand how taxpayer dollars are used. By analyzing FPDS data, stakeholders can monitor trends in procurement, assess government performance, and promote fair competition among contractors.