47QTCB21D0252 - FEDERAL ACQUISITION SERVICE GOVERNMENT WIDE ACQUIS...
Federal Contract Award Search » GWAC Award - 8(a) STARS III
This GWAC contract for Business Admin Services, IT Outsourcing was awarded in FY2021 on Jun 17, 2021 to TIME SYSTEMS LLC by IT Services. There have been $446.8k 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 5 year duration with ultimate completion date of Jun 30, 2026.
TIME SYSTEMS LLC is a contractor located in VA, doing primarily Business Admin Services work for Army. The company receives $3.3M 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. TIME SYSTEMS LLC is a certified 8(a) contractor through Sep 18, 2025.
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.
- Contract Number
- 47QTCB21D0252
- Contractor
- TIME SYSTEMS LLC
- Obligations to Date
- $446.8k
- Ceiling Value
- $50B
- Award Date
- 06/17/2021
- Contract Type
- GWAC
- Contract Vehicle
- 8(a) STARS III
- Competition Set Aside Type
- 8a Competed
- Buying Agency/Office
- General Services Administration»Federal Acquisition Service»Office of Information Technology Category»IT Services
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 70Z02324FCVC20001 | TIME SYSTEMS LLC | $446.8k | 08/28/2024 |
