GETWAB

02 / Federal Business Size

Federal contract market at a glance

Measured consistently across FY 2019–FY 2025.

Net obligations$26.52M
Contract actions80
Awards / PIIDs19
Federal customers1
Contracting offices5
Average action$331.5K
Active fiscal years7
Data coverageFY 2019–FY 2025

Across FY 2019–FY 2025, FPDS records attribute $26.52M in net contract obligations to NEW YEAR TECH, INC. across 80 contract actions. Net obligations include positive obligations and later deobligations recorded during the same period.

03 / Spending Trend

NEW YEAR TECH, INC. contract spending by year

Annual net obligations show whether recorded federal business expanded or contracted, while actions and customer counts show the breadth of that activity.

Total obligations$2.53M
FY 2025
ObligationsHistorical spending range
Fiscal yearObligationsActionsFederal customersChange
FY 2019$4.04M81
FY 2020$4.86M111+20.4%
FY 2021$4.08M81−16.0%
FY 2022$2.40M71−41.2%
FY 2023$3.63M81+51.4%
FY 2024$4.98M181+36.9%
FY 2025$2.53M201−49.1%

04 / Federal Customers

Which federal agencies buy from NEW YEAR TECH, INC.?

Ranked by net obligations during FY 2019–FY 2025.

AgencyCodeObligationsActionsVendor share
7529$26.52M80100.0%

05 / Contracting Offices

Which contracting offices buy from NEW YEAR TECH, INC.?

Ranked by net obligations during FY 2019–FY 2025.

06 / Top NAICS Industries

Which industries define this vendor’s federal work?

NAICSDescriptionObligationsActionsCustomersShare
541614PROCESS, PHYSICAL DISTRIBUTION, AND LOGISTICS CONSULTING SERVICES$26.48M72199.9%
541519OTHER COMPUTER RELATED SERVICES$34.7K610.1%
339940OFFICE SUPPLIES (EXCEPT PAPER) MANUFACTURING$0210.0%

07 / Top Product and Service Codes

What products and services does the government buy from this vendor?

PSCDescriptionObligationsActionsCustomersShare
R499SUPPORT- PROFESSIONAL: OTHER$26.39M70199.5%
7030INFORMATION TECHNOLOGY SOFTWARE$114.9K510.4%
J053MAINT/REPAIR/REBUILD OF EQUIPMENT- HARDWARE AND ABRASIVES$13.1K210.0%
7520OFFICE DEVICES AND ACCESSORIES$0210.0%
7490MISCELLANEOUS OFFICE MACHINES-$0110.0%

08 / Competition Pattern

How was NEW YEAR TECH, INC.’s federal work competed?

Competition categories describe the procurement path recorded on the underlying contract actions.

Competition categoryObligationsActions
Competed$26.50M70
Competed under SAP$34.7K6
Other / unknown-$13.7K4

09 / Recent Contract Awards

What contract actions were recorded most recently for NEW YEAR TECH, INC.?

The latest recorded PIIDs connect this profile to the underlying federal award search.

Award / PIIDSignedObligationAgency / officeNAICSPSC
75N97025F00001Aug 29, 2025$169.8KNATIONAL INSTITUTES OF HEALTH NATIONAL INSTITUTES OF HEALTH NLM541614R499

10 / Interpreting the Profile

How should you evaluate NEW YEAR TECH, INC. as a federal contractor?

Read obligations, customers, markets, competition, and individual awards together. A large historical total indicates federal scale, but it does not by itself describe current backlog, commercial revenue, profitability, or future opportunity.

01

Separate obligations from revenue

FPDS obligations are government accounting actions and may include later deobligations.

02

Follow customer concentration

Agency and office concentration reveals where the vendor’s federal relationships are strongest.

03

Test market overlap

NAICS and PSC shares show whether the vendor competes in the same markets as your company.

04

Inspect the awards

Open the PIIDs to verify dates, offices, classifications, and transaction history.