6 changes experts would make to the BD, capture, and proposal process
process improvement
Fiscal Year Quarter 4 (FYQ4) Readiness Checklist
As we transition into Fiscal Year Quarter 3 (FYQ3), it’s crucial to look ahead and prepare for the substantial increase in Requests for Proposals (RFPs) that FYQ4 brings. This period is marked by a significant surge in government RFP releases, making it both a critical and a challenging time for bid and proposal professionals. For context, in FY22 Q4, the government accounted for 34% of all FY22 obligations, highlighting the quarter’s importance (Q4 Spending Statistics in Government Contracting, The Pulse of GovCon, Thursday, January 25, 2024). Effective preparation now ensures you’re poised for success and ready to manage the RFP influx without being overwhelmed.
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