In an environment where the role of environmental, social and governance (ESG) themes is being weighed by SLED governments, these industry trends will offer substantial contracting opportunities and are worth tracking for any company actively doing business in the SLED market.
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Leveraging GovWin IQ’s industry-leading database of state, local and education (SLED) government opportunities, we analyze specific trending areas and overall growth in environmental- and social-related contractor-addressable opportunities over the last four years. The report also provides an outlook on supplier diversity in procurement amongst the top 10 states and across various small and disadvantaged business enterprise competition types.
SLED bids and RFPs issued for small and disadvantaged business enterprises (SDBEs) grew +41.8% YoY from 2021-2022.
SLED bids and RFPs related to social initiatives grew +20.2% YoY from 2021-2022.
SLED bids and RFPs related to environmental initiatives grew +9.2% YoY from 2021-2022.