Open:FactSet Forum

Track Emergency Government Contracts during the COVID-19 Crisis Management

In the midst of the growing global coronavirus pandemic, monitoring government contracting activity becomes increasingly significant not only for fundamental investment analysis and in particular picking the very few companies that might see abnormal increase in business activity during the pandemic period but also for general understanding of the crisis management measures taken by governments around the world. Large emergency G2B contracts are expected to mitigate shortages in the supply of personal respiratory devices and any other emergency equipment for use by healthcare workers and the general public in the fight against virus transmission.
TenderAlpha.com by Bizportal.co offers daily monitoring of governments orders in more than 50 countries globally. Companies like 3M (NYSE: MMM) and Honeywell (NYSE: HOM) are already contracted to deliver some of the essential equipment in the US with many more contracts with various companies to follow in the next few weeks. At the same time, a joint tender for protective equipment for 27 EU countries managed by the European Commission will take place in the next few weeks while also multiple large orders of mask, respiratory and related medical equipment and various pharmaceutical products will be conducted on national level in all EU countries, UK and Switzerland. These can all be monitored in real time through TenderAlpha.com. G2B volume of business with pharmaceuticals company such as Merck (NYSE: MRK) , Sanofi (EPA: SAN), Roche (SWX: RO), Novartis (SWX: NOVN) which are traditionally large government vendors with a total of almost USD 50 bn in government contracts in the last 10 years (according to TenderAlpha.com) is also expected to surge in the coming months.