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Tracking the Spend: $7.9M for FI$Cal’s Top 5 Buys of IT Goods in Q1

The five largest purchases of IT goods by the Financial Information System of California were with the same five vendors as in the first quarter of 2023: Mythics VIII LLC, HF Tech Services Inc., OPTM West, Allied Network Solutions Inc. and Dynamic Systems Inc.

The Financial Information System for California (FI$Cal), the department that serves as the business office for state government, spent just under $8 million on its five largest buys of IT goods in the first quarter of 2024.

According to the State Contracting and Procurement Registration System, FI$Cal’s five largest buys of IT goods from Jan. 1 through March 31 (with rounding) totaled $7,973,013. They were:
  • $6,187,893 with Mythics VIII LLC for PeopleSoft Enterprise Financials, a tool for general ledger, accounts payable and receivables, in a Feb. 15 contract awarded under the software licensing program (SLP).
  • $566,254 for a Feb. 28 SLP contract with HF Tech Services Inc. for ServiceNow Customer Service Management Enterprise with App Engine 1000.
  • $547,658 for Palo Alto Networks software, in a March 1 statewide contract with OPTM West.
  • $369,091 for IBM Engineering Lifecycle Management software as a service, in a Feb. 5 SLP contract with Allied Network Solutions Inc.
  • $302,117 for Oracle Advanced Monitoring and Resolution, in a Jan. 19 statewide contract with Dynamic Systems Inc.

By way of comparison, FI$Cal spent $3,067,563 on the corresponding purchases in the first quarter of 2023 — with the same five vendors.

The periodic reports of spending on IT goods and services by agencies and departments in state government are compiled by Industry Insider — California as a way of highlighting procurements and trends.
Dennis Noone is Executive Editor of Industry Insider. He is a career journalist, having worked at small-town newspapers and major metropolitan dailies including USA Today in Washington, D.C.