This GWAC contract for Business Admin Services, Program Management, IT Outsourcing was awarded in FY2022 on Feb 7, 2022 to vTech solution Inc. by IT Services. There have been $5.4M 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.
vTech solution Inc. is a contractor located in DC, doing primarily IT Outsourcing work for Agriculture. The company receives $1.5M 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.
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 |
---|---|---|---|
1232SA22F0114 | VTECH SOLUTION INC. | $768.1k | 09/20/2022 |
1305M223FNCNA0170 | VTECH SOLUTION INC. | $4.3M | 08/25/2023 |
2031LL24F00005 | VTECH SOLUTION INC. | $55.9k | 01/17/2024 |
20343224F00009 | VTECH SOLUTION INC. | $283.6k | 08/22/2024 |