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🔦 Spotlight on AI

Automation and generative AI continue to be the connective tissue of everything we're building at GovSpend. Below, we spotlight how we're leveraging emerging technology to help our customers work smarter, faster, stronger - and what's coming next!

Introducing GovSpend AI!

Meet our new smart companion for surfacing insights faster, now available on any Bid Details page. Simply select a prompt and GovSpend AI will evaluate the entire bid, including all documents, and tell you what you need to know.  

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Get Quick Answers to Your Bid Questions

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Take a Tour

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Meet Our Partner for RFP Response Automation

Iris is the modern deal desk, leveraging Generative AI to speed through RFPs, security questionnaires, and other last-mile requests. Our partnership helps government contractors streamline their workflows and improve win rates. Learn more >>

Coming Soon!
Chat With GovSpend AI

Need info about a bid beyond the preset questions? Soon you'll have the ability to ask your own questions and keep chatting, then save those chats for future reference.

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GovSpend AI for Meetings and Contracts

With each upcoming release, GovSpend AI will be available across more of the platform. Our Meetings and Contracts modules are up next!

AI Refresher

GovSpend AI is only the latest in a series of AI-powered enhancements we've added to the GovSpend platform:

  • Meeting Intelligence, including AI-generated summaries, delivering searchable transcripts and meeting documents
  • Purchase Order categorization, enabling you to filter your search results using the UNSPSC system
  • Enhanced keyword suggestions, helping you to expand or refine your search based on a few existing keywords

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Setting New Data Records

GovSpend AI thrives on high-quality data, and we continue to invest in people and processes that deliver that. In Q1, we set a new record for POs, Bids, Contracts, and Meetings added to the platform - and we're not slowing down!

Visit the Releases & Updates section of our Help Site to stay up to date on all new features added to the GovSpend Platform.

🔦 Spotlight on DOGE and Federal Contract Data

Federal contracts and spending remain top of mind for our customers and the nation as a whole. Below we deliver information and resources on how to understand and navigate cancellations, stop work orders, and more.

Tracking Terminations Under DOGE

Read a blog post from GovSpend contributor Archisha Mehan on best practices for tracking contract cancellations and monitoring how DOGE is performing against their goals. 

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Federal Contract Cancellations Under Three Administrations

Read recent analysis from GovSpend federal expert Deepak Bhatt on how contract cancellations under Trump's 2nd administration compare to Biden and Trump's first.

The Impact of Women-Owned Small Businesses on Federal Contracting in FY ‘24

Celebrate Women's History Month with a blog post on how the federal government performed against their goal to award 5% of contracting dollars to WOSBs.

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Upcoming Webinar: A Contractor’s Guide to Surviving 2025

Register today for our upcoming webinar with government contracts lawyer Maria Panichelli on  how federal contractors can navigate suspensions, stop-work orders, a terminations for convenience, unpaid invoices, or other issues.

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How to Track Terminated Contracts and DOGE Activity

With Fedmine's Contract Search, there are 2 searches you can run to monitor which contracts are being cancelled and how often. Here's how:

 

1. Search by keywords “stop work”, “stop order,” and “stop job.” This will help you find task orders and smaller agreements indicated for termination. 

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2. Search for Modification Type “Terminate for Convenience (complete or partial)” to identify contracts intentionally cancelled. 

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In either search, you can customize or narrow your search down to particular agencies, PSCs, NAICS, and other criteria. Be sure to “Roll up by Contract number” under “Report Display Options” to view each of the contracts cancelled in the results. Likewise, filter by Fiscal Year or Signed Dates to narrow your search to the current period or to view cancellations in prior years.

 

Don't forget to save these searches and turn on alerts to receive emails on new terminations over time!

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To help our new and returning customers quickly get up to speed on the GovSpend platform, we offer a series of training webinars every month that start with the basics, layer on technique, and finish with actionable intelligence. 

  • Session 1: The Basics | Wed. Apr. 2nd @ 11 am ET
  • Session 2: The Technique | Wed. Apr. 9th @ 11 am ET
  • Session 3: The Intelligence | Wed. Apr. 16th @ 11 am ET

Bookmark our Webinars page to see all upcoming and on-demand webinars.

To learn more about anything you’ve seen in this newsletter, please contact support@govspend.com or reach out directly to your Relationship Manager! 

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GovSpend, 5000 T-Rex Avenue, Ste 200, Boca Raton, FL 33431, USA, (954) 420-9900

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