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  • Monday, December 23, 2024

Report: Agencies Spent Nearly $8B Through NASA’s SEWP V IT Contract

Agencies obligated $7.9 billion on information technology contracts under the fifth iteration of NASA’s Solutions for Enterprise-Wide Procurement vehicle during fiscal year 2020, a 41 percent increase from the prior year, Bloomberg Government reported Thursday.

The report said SEWP V was the top IT governmentwide procurement vehicle in FY 2020, with COVID 19-associated purchases of products and services hitting at $804 million.

The Department of Defense’s annual IT spending grew 42 percent and DOD accounted for 38 percent of the total obligated funds through the NASA-managed contract, according to the report.

BGOV forecasts that SEWP V contract obligations, excluding pandemic-related awards, will reach $8.8 billion for fiscal 2021.

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