Budget & Finance
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The gov tech market expert breaks down a "strong first half," including major deals in the public safety and property tax spaces, and forecasts an increase in activity for the remaining months of 2025. -
The project, a collaboration between the North Central Texas Council of Governments' TXShare arm, the Alliance for Innovation and Civic Marketplace, provides an AI tech purchasing platform with already vetted vendors.
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Lawmakers and Gov. Gavin Newsom reached a spending plan that, by emergency proclamation, enables access to the budget stabilization account. The state’s approved technology spend is reduced from the previous fiscal year.
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The money, allocated by a budget trailer bill, will enable the California State Payroll System Project to hire a system integrator. The initiative, underway since 2016, will replace a significant piece of legacy.
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The company offers the Gravity platform and sells budgeting, compliance and other tools to local and state governments. A gov tech veteran will join the board of directors following the growth equity investment.
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As the deal closes, Civica is eyeing more growth, including perhaps to the U.S., where it already has a presence. State and local governments, along with courts and schools, use the company’s software.
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In the May revision of his proposed 2024-2025 fiscal year state budget, Gov. Gavin Newsom called for $2 billion in cuts to rolling out high-speed Internet. It’s possible, he said, “to actually achieve similar goals at a lower cost.”
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The year ’s first quarter saw 2024 off to a sound start in gov tech transactions, with notable deals involving OpenGov, Axon, gWorks and Springbrook, according to market expert Jeff Cook.
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Procurated, a procurement marketplace for state and local agencies, has officially launched its Canary supplier review tool after a quiet debut. The company’s CEO discusses the thinking behind the product’s design.
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This is the first acquisition for OpenGov since Cox Enterprises took control of the company in a February deal that valued the gov tech firm at $1.8 billion. OpenGov plans a new suite of tax and revenue products.
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Gov. Gavin Newsom signed legislation Monday on an early action budget null among legislative leaders that will cut the shortfall by about $17.3 billion — and return millions for tech to the general fund.
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The procurement software vendor could soon have a bigger presence in local contracting, according to the CEO. The funding comes among other changes for companies in procurement.
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The two gov tech vendors have built a large online library of public contracts. The goal is to make it easier for suppliers and public agencies to study and evaluate contracts, and craft the best deals.
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The acquisition is just the latest for the Nebraska company whose software is used by municipalities, utilities and special districts. Private equity helped make this deal possible, reflecting a larger gov tech trend.
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A recent survey confirms that government employees are increasingly turning to online platforms like LinkedIn to vet potential vendors. A poorly optimized personal profile could cost a vendor valuable contracts.
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The cloud-based software can help public agencies better align their strategic visions with capital, operational and personnel budgets. The move comes at a busy time for the rebranded gov tech vendor.
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The move, made during "Sunshine Week," could help suppliers learn more about contracting trends, and citizens to keep track of procurement trends. The launch comes amid a large procurement acquisition move.
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Speakers Thursday at a webinar organized by the North American Bikeshare and Scootershare Association (NABSA) discussed how micromobility, including bike-share systems and e-bikes, is becoming part of larger transportation ecosystems — and securing public funding.
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When innovation needs a boost, advance market commitments are a tool that not only secures value for taxpayers but also fosters environmental sustainability and economic development.
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The public-sector-facing technology industry convened this week for the Center for Digital Government’s annual Beyond the Beltway event. Highlights included a forecast of how state and local government will invest this year.
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The plan to upgrade Fulton County, Ga.’s internal software system is being sped up following a recent ransomware attack. Commissioners have approved a $10.2 million overhaul of the county’s internal software system.
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