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Line

From Federal Solicitation to Award

New federal purchase orders and contracts over the past year, per SAM.gov solicitation posted in the year ending a quarter earlier

0.51 in Jun 2026the lowest in data back to 2025−0.03 since Jun 2025
YTD1y2y5y10y20yAll
ForecastOffContinuationForesight™
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U.S. recessionsShades the months the NBER dates as recession. U.S. charts only.5-year rangeThe highest and lowest readings of the last five years, as a band. One-series charts only.High and lowMarks the highest and lowest readings in the window shown.
Current·Data to Jun 2026

Plays the chart through its history. Pauses are where the data set a record or moved most.

Continuation isn't available for this series: Last observation was 144 days ago — too stale to project.

New awards from USAspending: purchase orders and definitive contracts above the small-purchase floor, by award start. Solicitations from SAM.gov. An aggregate ratio, not a notice-by-notice match.

How much of the posted pipeline turns into new awards (USAspending award types B and D of $25,000 or more, trailing 12 months, against SAM.gov solicitations lagged one quarter). One solicitation can produce several awards and some produce none, so read the direction: a falling ratio means bids are piling up faster than contracts go out.

What this chart reads

Sources

Federal Pipeline-to-Award Ratio (Awards per Solicitation). Source: USAspending.gov (public domain) and SAM.gov Contract Opportunities public extracts (public domain), Palanor calculation. Refreshed weekly.

Charts are drawn from Palanor's signal library and recomputed from source data on every view. Transformations (changes, indexing, year-on-year rates) are Palanor's.

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