Free Report

Learn How the SLED Market Performed in the Last Quarter of 2022

In Q4 of 2022, a consistently healthy state, local and education (SLED) market closed out the 2022 calendar year strong by continuing to beat expectations with modest year-over-year growth in new contractor-addressable opportunities. This impressive growth was led by purchases in key industries like architecture and engineering, construction, environmental services, and professional business services.

State and Local Procurement Snapshot Q4 2022

IS Provider?

address1

What's Inside

This timely report examines how the SLED market performed in the last full quarter of 2022, including year-over-year growth rates by level of government and each of our 12 industries. This latest look at our SLED Recovery Index measures progress as the market emerges from the pandemic.

“GovWin tracks spending levels and competitor information, in a very easy format, that frankly the competitors don't have.”

Christopher Hill, National Sales Manager of Government & Strategic Accounts, Parts Authority

Sample Key Findings:

7.7% More Bids and RFPs Published YoY

The SLED market closed 2022 with notable growth, having published 7.7% more bids for the whole year of 2022 vs. 2021.

Growth in Local Government Opportunities

State governments published 3.8% more bids and RFPs when comparing Q4 2022 vs. Q4 2021.

Architecture & Engineering Ranked #1

SLED opportunities for A&E related work grew the fastest of all industries with 9.1% more bids and RFPs published.

100.1%

After hitting 101.8% of pre-pandemic normal last quarter in our "Bid Recovery Index," the market reset to 100.1% of normal in this quarter. In short, the year ended exactly at the 2019 level overall after seeing 93-99% levels in the first half of 2022.

Stay connected with Deltek!