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Department of Justice forecasts buying $2 billion of products and services in 2007

12-05-2006 01:50 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: netXccel Inc

Federal spending websites give contractors a head start on department opportunities.

GAITHERSBURG, Md. — Federal spending monitor netXccel is reporting that the U.S. Department of Justice (DOJ) is forecasted to spend nearly $2.2 billion on procurements during 2007. This spend is part of the overall $23.1 billion budget for the department. Due to the intense competition for the DOJ-related contracts, contractors are eager to acquire advance alerts or aggregated information on DOJ-related contracts from providers like netXccel, which provides Federal spending data on its fedXccel database.

“DOJ contracts with high profile agencies like the FBI and OJP are prestigious,” said netXccel chief Gaurav Pal. “The key is to identify potential procurements early and build relationships.”

Department spending will reflect the Administration’s emphasis on preventing terrorism, promote Nation’s security, reduce crime and strengthen the federal justice system. While these endeavors will gain the lion’s share of the budget, the list of procurement needs is long and at times difficult to obtain. Not surprisingly, the private sector has responded with resources that alleviate the time and resources required to find, track and match federal opportunities.

“Sites like fedXccel exist because small and emerging companies need help to find and win contracts,” said Pal. “There are nearly 350 current opportunities totaling over $2.2 billion, with a significant amount set-aside for small businesses, including women-, minority- and veteran-owned businesses, among others.”

netXccel has posted free market research reports on federal opportunities in its fedXccel website (http://www.fedxccel.com).

-----------------------------------
For more information on netXccel, visit: http://www.fedxccel.com/

- netXccel Inc.
- 20 Case Street, Suite 100
- Gaithersburg, MD 20878

- Gaurav "GP" Pal
netXccel Inc.,
(240) 899 2656
gpal@netxccel.com

netXccel provides affordable online sales solutions for the public sector. Its flagship product, fedXccel, helps private firms find and win federal contracts. fedXccel is an online subscription service that provides early and comprehensive information on federal procurements. It is a one-stop federal procurement information portal with Federal Buyer Contacts, News, Procurement Events and Market Research content.

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