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BidPrime Research Blog

Bill Culhane
Thursday, February 26 2015

Request and Find Government RFP and Bid Documents

Watch our video to find out how BidPrime makes the government bid process easier for you. We have a 'Request and Find Documents' feature that helps eliminate the stress of searching for documents. See how you can take some of the hassle out of the RFP and bid request process.



End the frustration of having to hunt for bid documents.

For more on saving time and money by using 'Request Bid Documents', call us at 1.888.808.5356 or visit BidPrime.
Bill Culhane
Monday, February 23 2015

The Call for Professional Services in Government RFPs and Bid Requests

We are two months into the new year filled with possibilities and expectation. Has 2015 started any differently than 2014 ended? Is it time to grow your client, patient, customer base? As far as the year that was in public sector RFP and bid notifications, there was a constant in 2014. The number of requests, specifically identified for "professional services" (example view), noticeably exploded upward in respect to the number of RFPs and bid requests submitted by city, county, state, and federal governments.

The San Diego County Water Authority, along with Carteret Borough in New Jersey, led the way in number of RFP and bid requests published. Projections for 2015 show that outsourcing of services and solutions, across all verticals, will grow further and there will be even more opportunity for those ready, willing, and able to act.

Included in her article in Business 2 Community "What are Technology Firms' Top Business Challenges of 2015?", Elizabeth Harr noted, "It’s apparent that developing new business opportunities weighs heavy for professional services firms."Along with the study done by the Hinge Research Institute, she gives a compelling argument that identifying new business is of utmost importance to professional services businesses.

A look at the release of "professional services" RFPs and bid requests for the past 36 months. As noted, this is solely an analysis of the requests that contain the words, "professional services". As you request, and/or in the coming months, we will publish reviews of specific professional services-related fields (accountant, actuary, architect, dentist, doctor, engineer, lawyer, management consultant, ...).


Depending with whom you speak, listen to, or what you read, you will come across starkly differing opinions on the value of adding public sector work to your business. As noted in a previous blog, "Is Public Sector Business for Us?", after pensions, healthcare, education, defense, and welfare, governments in the U.S. are projected to spend an additional $1.7 trillion in 2015. Helping to lead the way will be requests for professional services. Ask the following three questions:

1. Do I need more business?
2. Can I handle the additional workload?
3. Do I have the staff and mechanisms in place to identify, pursue and win public sector work? Note: If not, you have a motherload of resources available to help you.

What is your business? If you are an accountant, actuary, architect, dentist, doctor, engineer, lawyer, management consultant, or one of the many others who provide professional services, there may be significant new opportunities for you and your business/practice.

While I could regale you with success stories from our clients who provide professional services, the bottom line is only you can evaluate and determine if the opportunity in the public sector is a good fit. Does the potential for securing this new business, with all the associated rewards, outweigh the cost of investing a little time to determine if public sector business is a good fit?

Remember, BidPrime can also provide you with a market analysis, a historical perspective, on what the activity has looked like in your particular vertical. Any reason 2015 should be exactly like 2014?

Visit BidPrime or call 1.888.808.5356 to get a free, no obligation review of the current opportunities.
Bill Culhane
Monday, February 9 2015

Ultrasound RFPs and Bid Requests by Governments

What Happened and What's Next in Ultrasound RFP and Bid Requests by Government?

Over the past 12-24 months, we have tracked and noted a significant rise in the overall number of rfps, bid requests and purchases being submitted by city, county, state, and federal government agencies for Radiology and Imaging systems/solutions. As it pertains specifically to Ultrasound, while the numbers have pointed downward recently, the opportunities for ultrasound and related products and services are still out there.

If the 2015 calendar year plays out similar to 2014, you should be prepared to see a substantial rise in activity in the number of RFPs and bid requests. Similar to any service or product, regardless if the number of potential opportunities is growing, stagnant, or falling, the rules of the game are still the same. Companies with the right ultrasound, and related, solutions and support, and who are prepared to respond and deliver, will succeed.

Since a 12-month high that ran from August-September of 2014, in terms of number of ultrasound Bid Requests/RFPs, there was drop off in Q4. It is our opinion, at least a portion of this can be attributed to the natural realities of end of year budgets. We will continue to monitor and report on the anticipated recovery. Our optimism is shared by others...

As itn (Imaging Technology News), covered in their article on January 14th, 2015, they expect to see double growth in ultrasound imaging equipment purchases from today to 2020. To see their article, “Ultrasound Equipment Market Growth Driven by Advanced 3-D and 4-D Imaging Technology”.

Based on our own research, here is a 12-month breakdown of rfp/bid requests for Ultrasound systems, solutions, and services.

If you are interested in a more detailed analysis of this data, visit BidPrime or call us at (888) 808-5356.