This Definitive Contract contract for Facility/Physical Security > Security and Protection was awarded in FY2018 on Jul 30, 2018 to Leidos by TSA Office of Information Technology. There have been $201.8M in obligations to date with a ceiling value of $201.8M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 2 year duration with ultimate completion date of Mar 31, 2020.
Leidos is a contractor located in VA, doing primarily IT Outsourcing work for Defense. The company receives $7.3B annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.
Definitive contracts are single award contracts which usually result from publicly advertised Federal procurements. Historically, definitive contracts represented the most common pathway for the Federal Government to enter into agreements with contractors operating in the Federal market. With few exceptions, definitive contracts all the Federal Government purchase nearly every type of commodity, technology, or service. A known quantity or deliverable is a critical attribute of definitive contracts.
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