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New awards
4,807,438
Obligated
$6280B
Median award
$73,744
Median offers
3

Across all federal contracts, 80% of awards were competed and competed awards drew a median of 3 offers. 28% got a single offer: for a small business, those are the contracts where one more bidder changes the outcome.

Awards per fiscal year

New federal contract awards per fiscal year
Fiscal yearAwardsObligated
FY2016
433,148
$538B
FY2017
438,530
$624B
FY2018
464,627
$625B
FY2019
438,542
$558B
FY2020
424,490
$617B
FY2021
413,818
$593B
FY2022
423,609
$577B
FY2023
449,584
$668B
FY2024
458,029
$596B
FY2025
453,201
$474B
FY2026*
409,860
$410B

* FY2026 is still filling in: the Department of Defense reports its awards 90 days late. Full years run to FY2025.

Offers per competed award

Competed federal awards by number of offers received
Offers receivedCompeted awards
1 (single offer)
698,454 (28%)
2
337,953 (14%)
3-4
557,442 (23%)
5-9
453,889 (18%)
10+
418,260 (17%)

Where the numbers come from

Every new federal contract award of $25,000 or more signed from October 1, 2015 to September 30, 2026 (FY2016 to FY2026), as reported to USAspending.gov from the Federal Procurement Data System: definitive contracts, purchase orders, delivery orders and BPA calls. Amounts are what has been obligated on each award to date, options and modifications included. Place is the place of performance.

Offer counts are FPDS's “number of offers received” on competed awards. Award recipients are counted but not named here. Pages with fewer than 150 awards (500 for one code in one state) are left out of search engines, because a handful of awards can swing the numbers.

Compiled by Falkview US from public data, updated November 5, 2026. Free to reuse under CC BY 4.0 with a link to the page.

Turn the data into bids

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