GS00Q17NSD3009 - CT PROVIDE TELECOMMUNICATIONS AND IT SERVICES TO...

This IDC contract for IT Hardware, Communications Equipment, Public Relations and Professional Communications Services, IT Outsourcing, Business Admin Services, Facility Related Services > Facilities Maintenance, Telecommunications, Science/Engineering > Professional Services, Electrical & Electronics Equipment > Electronic & Communication Equipment was awarded in FY2017 on Jul 31, 2017 to Verizon by Office of Information Technology Category. There have been $1.1B in obligations to date with a ceiling value of $50B, showing a 2% burn rate so far on the contract. The contract was not competed under any preference program with 14 offers received. We expect a 15 year duration with ultimate completion date of Jul 29, 2032.

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.

Read the full report

Buying Agency/Office

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

Read the full report