Facts (4)
Data Freshness
Fresh
Last update: 9d ago · Avg age: 2170d
Confidence Tiers:
Primary Source — cross-referenced government/corporate filings
Pending Review — sourced but not independently verified
AI Inference — analytical hypothesis from cross-referencing
Documented Records (4)
Sourced from government databases, press reports, and corporate filings. Not yet independently verified.
Primary Source
In 2003 review of simplified acquisition procedures, GAO found gross errors in FPDS data with use overstated or understated by millions of dollars
Primary Source
GAO stated that FPDS data are inaccurate and incomplete with sufficient problems to warrant concern about reliability
Primary Source
Federal agencies reported about $755 billion in procurement obligations to FPDS in fiscal year 2024
Primary Source
34 agencies that failed to complete reports accounted for almost $2 billion in contract obligations in fiscal year 2023
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