Jennifer Sakole, principal research analyst for Deltek, Â writes the contract value represents the highest figure in five years.
Information technology contracts account for 73 percent of the total contract value due to large follow-on programs the government could solicit in 2014,  according to the report.
Follow-on contracts also represent 99 percent of the total value, the Post reports.
Defense opportunities stand at $110.8 billion for fiscal 2015 and the total contract value for civilian agencies hits $109.6 billion,  according to Sakole.