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Diversify Your Sales Channels with State and Local Government Contracts

Confident and well-supported by stimulus funding, the state, local and education (SLED) market in Q3 of 2022 surpassed pre-pandemic total bid volumes for the first time. This impressive growth was led by purchases related to architecture and engineering, environmental services, healthcare and transportation.

State and Local Procurement Snapshot – Q3 2022

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What's Inside:

The report provides a timely review of the latest contracting trends, including year-over-year growth rates by level of government and each of our 12 industries, and features our SLED Recovery Index measuring progress as the market emerges from the pandemic.

101.8

Our bid recovery index reached a new high of 101.8, finally exceeding the corresponding 2019 point. With inflation running around 8% annually, getting back to pre-pandemic bids is consistent with total spending that is well above the starting point.

Key Findings and Benefits:

7.7% More Bids and RFPs YoY

The SLED market continued on its strong recovery path in Q3 2022.

Growth In Local Opportunities

Local governments published 8.1% more bids and RFPs.

Architecture & Engineering Ranked #1

Q3 2022 saw a 12.9% growth rate for the A&E industry.

“I always start my market research with GovWin IQ. GovWin offers easy searchability across multiple domains (Federal, state, local); lots of detailed information on contracts and opportunities. I also love that I have a person I can call for help.”

Gretchen Schreiber, Business Development and Program Manager, ALEX – Alternative Experts

Get the SLED Market Industry Insights You Need to Stay Ahead of the Competition!