This GWAC contract for Business Admin Services, IT Outsourcing was awarded in FY2022 on Feb 7, 2022 to CREST SECURITY ASSURANCE LLC by IT Services. There have been $5M in obligations to date with a ceiling value of $50B, showing a 0% burn rate so far on the contract. The contract was competed under 8a Competed preference program with 999 offers received. We expect a 4 year duration with ultimate completion date of Jun 30, 2026.
CREST SECURITY ASSURANCE LLC is a contractor located in VA, doing primarily IT Outsourcing work for Housing and Urban Development. The company receives $90.1k annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio. CREST SECURITY ASSURANCE LLC is a certified 8(a) contractor through May 23, 2026.
Government-wide Acquisition Contracts (GWAC) are awarded and managed by a limited number of Federal offices. The Federal Government granted the General Services Administration (GSA), National Institutes of Health (NIH), and NASA the authority to compete, award, and manage GWACs. Essentially awarded as Indefintive Delivery-Indefinite Quantity contract vehicles, GWACs are available to all Government agencies at a low fee to use, making them an attractive option to acquire IT products and services.
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Task Order No. | Contractor | Obligations | Effective Date |
---|---|---|---|
1145PC23F0134 | CREST SECURITY ASSURANCE LLC | $1.7M | 01/19/2023 |
47QFDA24F0018 | CREST SECURITY ASSURANCE LLC | $3.3M | 02/02/2024 |