GS00T07NSD0008 - GSA NETWORX TELECOMM ACQUISITION

This IDC contract for IT Outsourcing, IT Networking Hardware > Hardware, Public Relations and Professional Communications Services, IT Security Hardware, IT Hardware, Communications Equipment, IT Consulting, Business Admin Services, IT Software, Facility Related Services > Utilities, Telecommunications, Program Management, Records Management > Professional Services was awarded in FY2016 on Oct 16, 2015 to Verizon by Telecommunications and Network Services. There have been $379.7M in obligations to date with a ceiling value of $379.7M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 4 offers received. We expect a 11 year duration with ultimate completion date of May 30, 2026.

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 Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.

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Buying Agency/Office

General Services Administration»Federal Acquisition Service»Office of Information Technology Category»Telecommunications and Network Services

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