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Report Pegs Federal Civilian, Defense IT Spending at $13.3B for September

Report Pegs Federal Civilian, Defense IT Spending at $13.3B for September - top government contractors - best government contracting event

Report Pegs Federal Civilian, Defense IT Spending at $13.3B for September - top government contractors - best government contracting eventThe Defense Department and federal civilian agencies have obligated $46.7B on information technology contracts during the first 11 months of the current fiscal year and have $13.3B in remaining funds to spend on IT through the end of this month, Bloomberg Government reported Wednesday.

BGOV estimates that DoD’s IT contract obligations for September will reach $7.1B.

The Department of Homeland Security is projected to obligate $1.2B for IT projects while the departments of State, Justice, Veterans Affairs and Treasury are forecast to invest at least $500M on similar projects this month, the report noted.

The report added that the majority of year-end governmentwide IT spend will likely flow through the Schedule IT-70, Alliant and Solutions for Enterprise-Wide Procurement vehicles.

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Written by Monica Jackson

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