IT SCHEDULE 70
Use of the General Services Administration’s Schedule 70 for information technology products and services has increased substantially since fiscal year 2017. IT-70 appears to be the vehicle of choice for many agency-specific, high-value contracts, other large multiple-award contracts are experiencing a similar trend. Learn more about the contract vehicle below.
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WHAT IS IT SCHEDULE 70?
Schedule 70: General Purpose Commercial Information Technology Equipment, Software, and Services (IT 70), also known as IT Schedule 70, delivers federal, state, and local customer agencies the tools and expertise needed to shorten procurement cycles, ensure compliance, and obtain the best value for innovative technology products, services, and solutions – such as cloud. With more than 7.5 million products and services from over 4,600 pre-vetted vendors, federal agencies – as well as civilian, state, and local organizations – continue to maximize budgets and reduce buying cycles by up to 50% over open market.
Spending Facts of Schedule 70: Information Technology (Last 5 Fiscal Years)
There’s been a steady and consistent spend with a majority of contract dollars being awarded to Dell, Inc., Carahsoft Technology Corp., and Four LLC.
- Fiscal Year 2016 – $6.3 Billion
- Fiscal Year 2017 – $6.4 Billion
- Fiscal Year 2018 – $6.6 Billion
- Fiscal Year 2019 – $6.9 Billion