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FPDS meaning in Governmental ?

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Answer: What is Federal Procurement Data System mean?

The Federal Procurement Data System (FPDS) is a single source for US government-wide procurement data.

The Federal Procurement Data Center (FPDC), part of the U.S. General Services Administration, manages the Federal Procurement Data System (FPDS), which is operated and maintained by IBM. The FPDS-NG is the current central repository of information on Federal contracting. The system contains detailed information on contract actions over $3,000 (FY2004 and later data). The Executive departments and agencies award over $200 billion annually for goods and services. The system can identify who bought what, from whom, for how much, when and where.

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