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ParseData Research / Govparse

The Public Buying-Signal Index

We found 440 buying signals hiding in US public records — free, live, and updating on the same cadence enterprise sales teams reportedly pay 6sense, Bombora, and Clay five and six figures a year to approximate.

Published 2026-08-02 · Govparse

Headline
440 live signals (443 defined) across 28 federal agencies

Context

Why it matters to sales teams

Signal-based selling — reaching an account at the exact moment something changes, rather than cold-prospecting a static list — is the entire premise behind the intent-data category. Vendors like 6sense, Bombora, and Clay charge enterprise contracts to infer “this account is probably in-market” from anonymized web behavior and co-op data pools. It’s indirect, it’s modeled, and it’s expensive.

Public records offer something intent data can’t: first-party, ground-truth events. A company doesn’t “probably” file for an SEC registration, win a federal contract, or receive an FDA warning letter — it either did or it didn’t, on a specific date, in a document you can open. That’s a stronger signal than a modeled propensity score, and in the datasets we mapped, it’s sitting in the open.

We built a catalog of every one of those events we could turn into a structured, actionable signal: 440 live signals (443 defined in source — 3 sit in an unshipped module), across 28 distinct federal sources and agencies.

The taxonomy

Four sales motions

Every signal in the catalog maps to one of the four motions a sales or RevOps team actually runs plays against:

MotionSignalsShare of catalogWhat it captures
Expansion16838%An existing account just got bigger, more active, or more reachable — cross-sell / upsell timing
Risk14333%An account is showing distress or compliance exposure — retention plays, credit tightening, or displacement openings
New logo12528%A brand-new buying event just fired — an account entered the market for the first time
Displacement41%A competitor's incumbent position just weakened — ownership change or talent flight

(440 live signals total; percentages rounded.)

New logo

“New clinical trial registered — sponsor as active developer” (a sponsor just entered active drug development, a fresh target for CRO/lab-services outreach); “Federal award winners for banking BD” (a company just won a federal contract and needs working capital to fulfill it).

Expansion

“Newly-billing providers already concentrated in a specialty drug class” (an existing account is scaling into a category you already sell into); “High-volume prescribers of a competitor drug, with reach” (an account is active in a category adjacent to your product).

Risk

“Drug makers with a CGMP warning letter AND a recent recall” (compounding compliance exposure — a retention or displacement opening); “Going-concern companies filing layoff notices” (financial distress corroborated by a second, independent marker).

Displacement

“Companies that just gained an inventor from a competitor (talent-bleed)” (a rival’s talent is moving to your prospect — an opening to unseat the incumbent); “Healthcare ownership changes for healthcare PE” (a new capital committee just took over decision rights).

Where the signals come from

Agency signal-density ranking

Not all federal sources are equally rich. Ranked by number of distinct signals we could build from each, the top of the list is dominated by healthcare regulators — a function of how granular CMS, FDA, and Open Payments reporting is — with labor, financial, and transportation regulators filling out the rest:

RankAgency / sourceSignals
1CMS (Medicare & Medicaid)87
2FDA29
3SEC28
4USAspending27
5EPA26
5DOL OFLC (visa & wage)26
7CMS Open Payments22
8FirmStanding (distress composite)21
8OSHA21
10FMCSA20

(Counts are on the 440 live signals; the 3 unshipped PECOS signals (all CMS / expansion) are excluded — so recomputing from the 443-row published CSV shows CMS 90 / expansion 171.)

Below the top 10: ClinicalTrials.gov, USDA FSIS, and MSHA (12 each), NLRB and DOL Labor (11 each), TTB (10), FAA (9), PHMSA/FCC/SBA/USPTO (8 each), State WARN notices/SAM.gov-Grants.gov/ VA-HRSA (5 each), IRS (4), HHS-OIG/BLS (2 each), and hospital price-transparency data (1) — 28 sources in total.

Proof of scale

The killer stats

Signal count only matters if the underlying data volume is real. It is:

Sample

What acting on a signal looks like

Abstractions are easy to wave at. Here’s the concrete version: 100 real companies that fired a single new-logo signal — bank-bd-award-winners, triggered whenever a company wins a federal contract — each with a live source link back to usaspending.gov and a suggested next action. A sample:

CompanyAwardSuggested action
CDW Government LLC$350K–$1M professional/IT services award, Department of TransportationPitch payroll financing or a receivables line to bridge cost-reimbursable billing cycles
Rolls-Royce Solutions America Inc$1M–$5M manufacturing/supply award, Department of Homeland SecurityOffer equipment/inventory financing to cover the production ramp
Keystone Shipping Services, Inc.$1M–$5M transportation/vessel-services award, Department of TransportationPitch treasury/cash-management and a bridge line of credit to cover mobilization costs
Patriot Contract Services, LLC$1M–$5M transportation/vessel-services award, Department of TransportationPitch treasury/cash-management and a bridge line of credit to cover mobilization costs
J. Goodison Company$350K–$1M manufacturing/supply award, Department of Homeland SecurityOffer equipment/inventory financing to cover the production ramp

Each row is verifiable in seconds — click through to the usaspending.gov award record and confirm the contract, the agency, and the date. That’s the difference between a modeled intent score and a public-record signal: nothing to trust, only something to check.

Press pitch

For reporters

Enterprise sales teams reportedly pay 6sense, Bombora, and Clay five and six figures a year for “intent data” that’s really a modeled guess at buyer behavior — meanwhile, the US federal government already publishes 440 structured buying signals, for free, across 28 agencies, covering new-logo events (a company just won a federal contract, launched a trial, or filed a patent), expansion signals (an existing account just scaled into a new category), risk flags (a corporate-distress composite spanning 23,243 firms), and displacement openings — all sourced from primary filings like FMCSA’s ~50,000 new carrier registrations per quarter, FDA’s 29,227 drug approvals, and 854,378 OSHA inspections, each one a click away from its original government record.

Get the data

Download the datasets behind this report

Real rows, released under CC BY 4.0 (the underlying records are U.S. federal works in the public domain).

Turn this into a live feed

Govparse watches this data on the source agency’s own refresh cadence and delivers matches as they land — no code.

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