Glossary / Solicitations
Award notice
An award notice is the contract action the government publishes after an award above the simplified acquisition threshold: the awardee, the award date, the dollar value, the contract or order number, the NAICS code and the contracting office, usually linked to the original solicitation notice. It appears on SAM.gov and, in more detail, in the contract-action data that feeds USAspending.gov. Awards under vehicles and below the threshold are reported in the data without a separate notice.
Why it matters to your pipeline
Award notices are the public record of who wins what and for how much, which is the raw material for capture: incumbents, prices, which buyers favor which set-asides, and when each contract ends. GovSmith's Search reads the award record for every contract action it can reach and turns the dates into recompete signals for the clients that fit the work.
When this term shows up in an opening GovSmith finds for you, your vCM explains what it means for that pursuit and does whatever it calls for. You decide; we do the work.
Example
A notice shows a $3.6M award for laboratory IT support to a small business in Maryland, a one-year base with four options. GovSmith records the end of the final option as the expected recompete date and alerts a client in the same NAICS code.
Find out what applies to you
Some terms will matter to your business right away and some won’t for years. A vCM can tell you which are which.