This FSS contract for Aerospace & Defense > Research and Development, Facility Operations, Logistics > Transportation and Logistics Services, Package Delivery & Packaging > Transportation and Logistics Services, Program Management, IT Security Hardware, Industrial Products & Machinery > Industrial Products & Services, Science/Engineering > Professional Services, Detection & Coherent Radiation Equipment > Information Technology, Medical Equipment & Supplies > Medical Supplies/Equipment, Training Aids & Devices, Education/Training > Human Capital, International Affairs, Records Management > Professional Services, Electrical & Electronics Equipment > Electronic & Communication Equipment, IT Hardware, Hardware & Tools, Navigation & Communications Equipment, Environmental > Conservation, Facilities Purchase & Lease, Fire & Safety Equipment > Safety Equipment, IT Consulting, Consumer Products > Miscellaneous S&E, Facility Related Services > Utilities, Detection & Coherent Radiation Equipment > Electronic & Communication Services, Electrical & Electronics Equipment > Electronic & Communication Services, Kitchen Equipment, Materials and Services, IT/Cyber Security, Business Admin Services, Test & Measurement Supplies, Public Relations and Professional Communications Services, Logistics Equipment > Industrial Products & Services, Telecommunications, Equipment Maintenance, Facility/Physical Security > Security and Protection, Healthcare > Medical Practitioners, Construction Related Materials > Facilities & Construction, Acquisition Support, Automotive Parts & Products > Sustainment S&E, Translation & Interpretation, Printed/Published Media, IT Software, Facility Related Services > Facilities Maintenance, Construction Related Equipment > Industrial Products & Services, Office Products & Services, IT Outsourcing, Communications Equipment, Consumer Products > Electronic & Communication Equipment, Records Management > Digitization, Security Guard/Protection Services, Subsistence was awarded in FY2004 on Nov 26, 2003 to Verizon by . There have been $1.3B in obligations to date with a ceiling value of $7B, showing a 19% burn rate so far on the contract. The contract was not competed under any preference program with 999 offers received. We expect a 20 year duration with ultimate completion date of Dec 2, 2023.
Verizon is a contractor located in NY, doing primarily IT Outsourcing work for Army. The company receives $1.3B annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.
The General Services Administration (GSA), the central acquisition entity within the Federal Government, manages a catalog of Multiple Award Schedules (MAS). The GSA uses MAS to establish lines of business or cohorts of contractors grouped by similar goods and services. Schedules are open to all government customers and provide a streamlined process to procure various professional services, IT services, and products, ranging from cars to hardware.
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