GETWAB

02 / Federal Business Size

Federal contract market at a glance

Measured consistently across FY 2019–FY 2025.

Net obligations$2.96M
Contract actions70
Awards / PIIDs24
Federal customers7
Contracting offices10
Average action$42.3K
Active fiscal years7
Data coverageFY 2019–FY 2025

Across FY 2019–FY 2025, FPDS records attribute $2.96M in net contract obligations to VELOCITY SOFTWARE across 70 contract actions. Net obligations include positive obligations and later deobligations recorded during the same period.

03 / Spending Trend

VELOCITY SOFTWARE 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$376.0K
FY 2025
ObligationsHistorical spending range
Fiscal yearObligationsActionsFederal customersChange
FY 2019$432.0K125
FY 2020$673.0K126+55.8%
FY 2021$346.3K156−48.5%
FY 2022$377.0K106+8.9%
FY 2023$359.0K75−4.8%
FY 2024$400.6K74+11.6%
FY 2025$376.0K73−6.2%

04 / Federal Customers

Which federal agencies buy from VELOCITY SOFTWARE?

Ranked by net obligations during FY 2019–FY 2025.

AgencyCodeObligationsActionsVendor share
2050$1.62M3254.8%
3600$801.6K727.0%
97AK$306.0K810.3%
2036$147.0K85.0%
1501$39.0K71.3%
2400$36.3K71.2%
1549$10.0K10.3%

05 / Contracting Offices

Which contracting offices buy from VELOCITY SOFTWARE?

Ranked by net obligations during FY 2019–FY 2025.

06 / Top NAICS Industries

Which industries define this vendor’s federal work?

NAICSDescriptionObligationsActionsCustomersShare
541511CUSTOM COMPUTER PROGRAMMING SERVICES$1.69M47657.1%
541519OTHER COMPUTER RELATED SERVICES$757.4K11225.6%
511210SOFTWARE PUBLISHERS$497.7K11216.8%
513210SOFTWARE PUBLISHERS$15.0K110.5%

07 / Top Product and Service Codes

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

PSCDescriptionObligationsActionsCustomersShare
D319IT AND TELECOM- ANNUAL SOFTWARE MAINTENANCE SERVICE PLANS$1.13M15438.1%
7B21IT AND TELECOM - COMPUTE: MAINFRAME (HARDWARE AND PERPETUAL LICENSE SOFTWARE)$1.05M12135.5%
7030INFORMATION TECHNOLOGY SOFTWARE$477.0K25316.1%
7A21IT AND TELECOM - BUSINESS APPLICATION SOFTWARE (PERPETUAL LICENSE SOFTWARE)$149.3K625.0%
DA10IT AND TELECOM - BUSINESS APPLICATION/APPLICATION DEVELOPMENT SOFTWARE AS A SERVICE$102.6K113.5%
7A20IT AND TELECOM - APPLICATION DEVELOPMENT SOFTWARE (PERPETUAL LICENSE SOFTWARE)$24.0K510.8%
7F20IT AND TELECOM - IT MANAGEMENT TOOLS/PRODUCTS (HARDWARE AND PERPETUAL LICENSE SOFTWARE)$18.0K310.6%
7045INFORMATION TECHNOLOGY SUPPLIES$12.0K310.4%

08 / Competition Pattern

How was VELOCITY SOFTWARE’s federal work competed?

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

Competition categoryObligationsActions
Not available for competition$2.43M50
Other / unknown$430.0K17
Competed under SAP$106.3K3

09 / Recent Contract Awards

What contract actions were recorded most recently for VELOCITY SOFTWARE?

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

Award / PIIDSignedObligationAgency / officeNAICSPSC
36C10B25C0035Aug 8, 2025$102.6KVETERANS AFFAIRS, DEPARTMENT OF TECHNOLOGY ACQUISITION CENTER NJ (36C10B)541511DA10

10 / Interpreting the Profile

How should you evaluate VELOCITY SOFTWARE 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.