The Federal Procurement Data System

The Federal Procurement Data System (FPDS) is an online database that tracks all government contracts awarded for goods and services. It collects detailed information about each contract, including the company awarded, the contract amount, and the purpose. This system helps ensure transparency and accountability in how government funds are spent, allowing the public, agencies, and policymakers to monitor procurement activities. By providing access to comprehensive procurement data, FPDS supports fair competition and informed decision-making in federal contracting processes.