Tuesday Insight – May 2nd, 2023: 6 Major Multibillion Dollar Tech Procurements to Watch in 2023

Jul 17, 2023

Contracts range in potential estimated value from $5 billion to $100 billion, according to government spending data and Deltek analysis.

The following year is going to be a big one for the federal contracting community, as agencies bid out and award six major IT contracts with a combined potential estimated value of approximately $300 billion over the duration of the contracts.

Though some of these procurements have been planned for years, the timing coincides with President Joe Biden’s fiscal 2024 budget proposal, which seeks a significant increase in civilian and total IT funding as well as what would be a record amount—$26 billion—for federal cybersecurity efforts.

While congressional appropriators will have the ultimate say in FY 2024 funding, the following IT contracts—in various stages of procurement—will drive significant federal IT spending for more than a decade to come. The contracts were highlighted Thursday during a webinar hosted by Deltek.

OASIS Plus (or OASIS+)

In Hollywood, it’s uncommon for sequels to be bigger than their predecessors, but in government contracting, they often can be. That’s going to be the case with the General Services Administration’s highly anticipated follow-on to its successful OASIS—or One Acquisition Solution for Integrated Services—contract. Since the contract’s issuance in 2014, federal agencies have awarded approximately $45 billion against it, according to data from GovTribe, purchasing a variety of professional services.

Yet OASIS+ is going to be much bigger, offering a broader array of services and consolidating three other GSA vehicles under the future contract: the first OASIS; Human Capital and Training Solutions; and the Building, Maintenance and Operations contracts.

In the Thursday webinar, Kevin Plexico, senior vice president of information solutions for Deltek, pegged the estimated ceiling value of OASIS+ at $100 billion, with the request for proposals expected within weeks.


Another contract sequel, T4NG2—Transformation Twenty-One Total Technology Next Generation 2—is further ahead in the procurement process than OASIS+, but will have a slightly lower ceiling: $60 billion. Final proposals for T4NG2 were due April 17, and awards are expected before the year’s end.

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