S3 Versioning enabling after PutObject operation

I have created a lambda function that puts JSON files into a S3 bucket every 10 mins. I created the S3 bucket with versioning disabled

The files will normally be overwriting the existing files. I noticed that the S3 bucket was growing in size and found that multiple versions of the files were being stored. I suspended the versioning on the S3 bucket, but it seems to enable everytime the lambda function runs. I have tried changing the lambda function to delete the file before deleting it, but it ends up with either a "Delete marker" version or it doesn't get deleted.

function saveObject(key, data, options) {
    return new Promise((resolve, reject) => {
        const params = {
            ...s3BaseParams,
            Key: key
        };

        s3.deleteObject(params, (error) => {
            if (error && error.code !== 'NoSuchKey') {
                console.error(error);
                reject(error);
                return;
            }

            s3.putObject({
                ...params,
                ...(options || {}),
                Body: data
            }, (error, data) => {
                if (error) {
                    console.error(error);
                    reject(error);
                    return;
                }

                resolve();
            });
        });
    });
}

What am I missing so that the S3 bucket doesn't save different versions of the files?

I am using a serverless (cloud formation) resource to create the bucket (extract below)

  Resources:
    LakeTempsBucket:
      Type: 'AWS::S3::Bucket'
      Properties:
        BucketName: ${self:custom.env.BUCKET_NAME}
        VersioningConfiguration:
          Status: Suspended
        PublicAccessBlockConfiguration:
          BlockPublicAcls: true
          BlockPublicPolicy: true