Government Contracts data details publicly-logged contracts that companies have secured with city, state, or federal government agencies. By representing billions of dollars in precommitted revenue, government contracts are a leading indicator of small business resiliency that lenders can trust.
Any time a government agency hires a private company, the agency must publicly document the reason and contract value. These contracts detail a range of government spending, from city playgrounds to federal defense procurement. When a small business secures a government contract, this is a clear sign of business stability or growth.
How to use this data
Leverage government contracts data for any process that benefits from the identification of healthy small businesses. For credit risk monitoring, government contracts signify that a customer is likely to be lower risk. In prospecting workflows you can target businesses with government contracts to ensure you reach more qualified leads.
Sample API output
"location": "New York, NY",
"agency_name": "Health Goods",
"description": "N-95 Masks."
Government Contracts are some of the richest data on small businesses. Nearly every government in America publishes them with amounts and descriptions, allowing the public to get a sense of a business’s resiliency, revenue, and activities.